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Liquidity Trap

Is Paul Krugman's Liquidity Trap Really an Inequality Trap?

Mary Manning Cleveland | Posted 03.18.2013 | Business
Mary Manning Cleveland

Krugman cares deeply about unemployment and inequality, as did John Maynard Keynes before him. Yet like Keynes, Krugman seems caught in the inequality-free neoclassical paradigm.

William Alden

Federal Reserve's Stimulus Pledge Misses The Point, Fed Official Says | William Alden | Posted 10.17.2011 | Business

NEW YORK -- As the Federal Reserve attempts to stimulate the economy and avert a new recession, one of the central bank's most basic tools isn't worki...

American Children Receiving Less Money From Tooth Fairy: Report

The Huffington Post | James Sunshine | Posted 09.27.2011 | Business

It looks like American businesses aren't the only ones hoarding cash these days. According to a survey recently released by Visa, so is the fabled Too...

How Small Business Could Squelch Recovery | Roya Wolverson | Posted 09.05.2011 | Business

Forget gold futures. For many economists, small business lending is the safest gauge of the economic recovery's strength. Too bad it's headed in the w...

DeLong: Economy Is In A Liquidity Trap

Bloomberg | Brad DeLong | Posted 09.04.2011 | Business

There is only one real law of economics: the law of supply and demand. If the quantity supplied goes up, the price goes down....

Dodd-Frank Helping To Revive The Shadow Banks?

TIME | Stephen Gandel | Posted 08.27.2011 | Business

They're back. In the past few months, it appears, shadow banks, financial firms that make loans but aren't actual banks, seem to be making a come b...

There Aren't Enough Jobs For 4 Out Of 5 Unemployed Americans

The Huffington Post | William Alden | Posted 05.25.2011 | Business

There simply aren't enough jobs to employ four out of five unemployed Americans, according to recent data from the Bureau of Labor Statistics. The to...

Companies Hoarding $1 TRILLION In Cash

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As the economic recovery remains tepid, companies continue to sit on piles of cash, shifting it around internally rather than spending it. The hoard ...