Keynesian Economics

President Trump’s First Year In Office Has Been A Blessing For The American People

“I, Donald John Trump, do solemnly swear that I will faithfully execute the Office of President of the United States, and will to the best of my …

Conservative View

Bitcoin Will ‘Totally Collapse,” Even if it Takes 100 Years: Nobel Prize Winner

Advertisement<p>Nobel laureate Robert Shiller is fairly confident bitcoin will collapse, but he’s not quite sure when that collapse will occur.<p>Shiller, …

Nobel Prize

Facebook Trustworthiness Ratings Boost ‘Fake News Award’ Winner

Facebook Inc.’s plan to rank news sources by their trustworthiness boosted the shares of New York Times Co. -- one of the top winners in President …

Business

Big Picture Investing: Stay Above The Political Fray

Political discourse tends toward misrepresenting macroeconomic trends investors need to be aware of.<p>No better example exists than the widespread …

Business

Paul Krugman: The GOP Is Its Own Doomsday Machine

For the first time since the end of the Cold War, Americans live in fear of nuclear annhiliation. While North and South Korea are engaging in …

Paul Krugman

The latest on the shutdown

<b>YES, A SHUTDOWN MAY BE LOOMING —</b> Though House Republicans voted Thursday night to keep the government open, the real drama is in the closely divided Senate, where it's unclear what, if anything, can clear the chamber's supermajority threshold.<p>The Senate couldn't even agree on whether to vote …

Health Care

Party like London’s Literati at the Chicly Updated Bloomsbury Hotel

The historic property has once again become a hotspot for the city’s swinging social set.<p>London’s Bloomsbury neighborhood has long been the place for …

Hotels

Macroeconomics can be more open without losing rigour

The Oxford project to rebuild macroeconomic theory that we have covered this week leaves little doubt that mainstream macroeconomics is in deep need …

Economics

Post-work: the radical idea of a world without jobs

Work has ruled our lives for centuries, and it does so today more than ever. But a new generation of thinkers insists there is an alternative. By Andy Beckett<p>Work is the master of the modern world. For most people, it is impossible to imagine society without it. It dominates and pervades everyday …

Long-form Journalism

This disaster is the handiwork of Donald Trump

<b>THE MORNING PLUM:</b><p>As we barrel towards a government shutdown, it’s becoming clearer and clearer that one of the crucial reasons for the impasse is that we <i>just don’t know</i> what President Trump would need in the way of realistic concessions from Democrats that might induce him to agree to a deal …

Opinion

Is China About to Sell Off Its Holdings of American Debt?

<i>This article first appeared on the Council on Foreign Relations site.</i><p>China’s reported desire to slow its Treasury purchases briefly generated a lot …

Economy

Donald Trump and Stormy Daniels: brief encounters of the ‘textbook generic’ kind

The dignity of the presidential office has plummeted to a new improbable low with the revelations from the adult film star. Obviously this column is clearing its diary to hear the whole story<p>Even for a messy president who lives for the drama, it must have hurt that Donald Trump’s inaugural Fake …

Donald Trump

Donald Trump has given Paul Krugman a ‘Fake News Award’ – but did the economist really get it so wrong?

Without wishing to tax your mind unduly, I wonder if Donald Trump’s Fake News Awards aren’t in fact an exercise in Fake News themselves, as some of …

Donald Trump

Trump’s Fake Media Awards were a historic disaster

It’s a common refrain on the far right that the joy of supporting Donald J. Trump is watching him “drive the libs crazy.” Well, the president …

Liberal View

America's '2+2=5 moment' is a scary lurch toward autocracy | Will Bunch

The biggest threat to American democracy is a war on the truth. And from the transparent lies of 2 senators and a Cabinet secretary to the …

Kirstjen Nielsen

How Anti-Trump Intellectuals Help Trump | Pete Spiliakos

John Maynard Keynes once wrote, “Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of …

John Maynard Keynes

Party of Growth

The Republicans’ new tax-reform law will increase productivity and wages.

Economics

Why Sony and Nintendo Stocks Could Rack Up Higher Scores

In the years before World War II, British economist John Maynard Keynes boldly predicted that by the time his grandchildren were grown, the average …

Gaming

The wobbly foundations of macroeconomics

The core of mainstream macroeconomic theory, the DSGE model, matters because it shapes, directs and, to some degree, constrains the answers economic …

Economics

Donald Trump’s Fake News Mistake

After more than two weeks of buildup, my fellow press critic Donald Trump finally tweeted a link to his Fake News Awards. The awards, which he deemed important, were selected to single out “the most corrupt & biased of the Mainstream Media” for proper scorn.<p>But Trump’s list of 11 winners (or …

Politics

Supreme Court Temporarily Blocks North Carolina Gerrymandering Ruling

WASHINGTON — The Supreme Court on Thursday temporarily blocked a trial court’s order requiring North Carolina lawmakers to produce a revised congressional voting map, making it likely that the midterm elections this year will be conducted using districts favorable to Republican candidates.<p>The trial …

Judiciary

What Could Kill the Bitcoin Boom

If you bought a Bitcoin in early 2017, when one cost less than $900, you could have a profit of more than 1,200 percent now. But you almost certainly …

Cryptocurrency

What's Next for the Flagging Bitcoin Cryptocurrency

It doesn't look good.<p>The revolution will not be televised. It'll be sent to your inbox by us.<p>Things aren’t looking so great for bitcoin right now. …

Cryptocurrency

Trump's Fake News "Awards" Are Here, and They're Just a Chance for Trump to Beat on CNN

With bated breath, American journalists have waited for President Donald Trump to release his list of the worst media outlets in the country. He …

Liberal View

A Work Requirement for Medicaid Isn't 'Cruel'

Obamacare greatly expanded the number of beneficiaries, many of whom could be expected to work.<p>“The Trump administration’s action today is cruel,” said Democratic Congressman Frank Pallone Jr. of New Jersey. The new policy is “the latest salvo of the Trump administration’s war on health care,” …

Opinion

Why There Are No "Unfailed" Markets In Reality

1. Isn’t it odd that real economies often defy economists? Has post-financial-crisis criticism made us savvier consumers of economic ideas? Let’s …

Brad DeLong

OPINION: Focus on digital skills and technology to reignite SA’s manufacturing sector

JOHANNESBURG - The manufacturing industry's role in the South African economy has seen a long and sustained decline: from contributing nearly a …

Manufacturing

What Is a Bubble? Bitcoin and Cryptocurrencies Price Plunge Prompts Investor Alarm

Since hitting a December high price of $20,000, bitcoin has fallen nearly 50 percent, to a price of $11,490 on Tuesday, according to the CoinDesk …

Cryptocurrency

Precious Metals: Barbaric Relics Or Effective Hedges

John Maynard Keynes considered gold a barbaric relic.<p>But he should have had some in his portfolio.<p>If not, he missed an important hedge.<p>Precious …

Gold

Isaac Rosenberg

Isaac Rosenberg may be remembered as a Jewish-English poet, or a poet of war, but his poetry stretches beyond those narrow categories. Since …

Poetry