Enhanced unemployment benefits remain vital
Inequality and the COVID-19 Recession
Steve Fazzari quoted in this Los Angeles Time article on how the big spending collapse for affluent households spill over to hurt the incomes of lower-wage service-sector workers that sell to the well-to-do.
COVID-19 Recession: Unprecedented Collapse and the Need for Macro Policy
March 26, 2020 commentary published by the Institute for New Economic Thinking
Interview on Slow Growth / Secular Stagnation (video)
Produced by the Institute for New Economic Thinking
This interview explores explanations for weak economic growth in the aftermath of the Great Recession. I argue that the key problem is compromised demand growth that affects economies “beyond the short run.”
Trump Tariffs Based on Flawed View of Trade
St. Louis Post Dispatch
Discussion of the macroeconomics of the U.S. trade deficit and the effects of the Trump tariffs on steel and aluminium imports. Article written by David Nicklaus using information from an interview with Prof. Fazzari.
National Debt Hits Historic High
Interview with Wisconsin Public Radio
Follow the links for an audio file of an interview with Prof. Fazzari that addresses concerns about rising federal deficits and debt in the aftermath of Trump tax cuts and the early 2018 federal budget agreement.
Do Deficits Matter? We May Be About to Find Out
St. Louis Post Dispatch
Summary of different macroeconomic effects of government deficits and rising government debt. Column written
From the Huffington Post (Before the Election Results Were Known)
Trump’s Economic Analysis: Gets Symptoms Right, But Diagnosis Wrong
Commentary on Infrastructure and Economic Stimulus
Knowledge@Wharton Magazine
Cash flow data on household consumption and income posted for public use
Based on concepts from the 2015 Review of Income and Wealth Article