by J. Jerrald Hayes | Oct 18, 2021 | Economics & The Economy, Income Inequality
Seven Ways to Transform 21st-Century Economics – and Economists – Evonomics Complexity Economics matters enormously for the future, but its fundamental ideas are centuries out of date. No one can deny it: economics matters. Its theories are the mother...
by J. Jerrald Hayes | Oct 14, 2021 | Economics & The Economy
There is no relationship between inflation (red line) and changes in federal deficit spending (blue line). Libertarians and Republicans sell the inflation myth to widen the Gap between the rich and the rest. Let me begin at the end, with a summary:...
by J. Jerrald Hayes | Jul 20, 2021 | Economics & The Economy, Engineering, Income Inequality, innovation, Science
Why Space Tourism Will Fall Flat Why Space Tourism Will Fall Flat The billionaire space race is in full swing, with Richard Branson and Jeff Bezos both launching into the atmosphere – and one lucky (and rich) 18-year-old along for the ride with the latter...
by J. Jerrald Hayes | Jul 5, 2021 | Economics & The Economy
History: Modern Money Theory and Stagflation Australian Real Progressives has written about full employment and the job guarantee many times previously. What follows is a historical analysis of how the mythical NAIRU came into being and why Full employment, in the...
by J. Jerrald Hayes | Jul 4, 2021 | • Politics, Income Inequality, Tax Policy
A Trump Tax Break To Help The Poor Went To a Rich GOP Donor’s Superyacht Marina The Rybovich superyacht marina lies on the West Palm Beach, Florida, waterfront, a short drive north from Mar-a-Lago. Superyachts, floating mansions that can stretch more than 300...
by J. Jerrald Hayes | Jun 14, 2021 | • Politics, Economics & The Economy, Income Inequality
Opinion | Warren Buffett and the Myth of the ‘Good Billionaire’ Warren Buffett appears to be the safest kind of billionaire: the good kind. Mr. Buffett is neither Zuckerbergian messiah nor Musky provocateur, neither Bezosist space cadet nor Sacklerian...
by J. Jerrald Hayes | Jun 14, 2021 | • Politics, Economics & The Economy, Income Inequality
The quote is from this Atlantic article… The Last Days of the President After leaving the presidency in 1969, Lyndon Johnson lived out the remaining four years of his life in retirement. One of his former speechwriters recounts how he spent it. On the night...
by J. Jerrald Hayes | Jun 14, 2021 | • Politics, Economics & The Economy, Income Inequality, Jobs
Opinion | What the Rich Don’t Want to Admit About the Poor I’m not going to pretend that I know how to interpret the jobs and inflation data of the past few months. My view is that this is still an economy warped by the pandemic, and that the dynamics are...
by J. Jerrald Hayes | Sep 16, 2020 | • Politics, Economics & The Economy, Income Inequality, Jobs
The Second Great Depression At least four major factors are terrifying economists and weighing on the recovery. The American economy is reopening. In Alabama, gyms are back in business. In Georgia, restaurants are seating customers again. In Texas, the bars are...
by J. Jerrald Hayes | Jun 8, 2020 | Economics & The Economy, Income Inequality, Jobs
> You Can’t Have a Prosperous Economy Without an Entrepreneurial Government – Evonomics Capitalism Ending the state vs market myth The debate about the relative roles of the state and the market in capitalist economies tends to swing from side to side...
