They Looted Companies — Now They're Looting the Government

Economist William Lazonick reveals how the extraction model of American corporations has migrated from business to government.
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Currency Wars, Social Class, and the Republican Dilemma Over Medicaid

Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid - but will that fly among Trump supporters?
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Distributional and Macroeconomic Effects of Trump 2.0

The most likely outcome of the second Trump administration is a recession and an exacerbation of inequalities, and a further degradation of the living standards of working and middle-class Americans.
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Best Curacao Licensed Online Casinos 2025

Players interested in online gambling are advised to select licensed online casinos. Credible licensing is mandatory for online casinos. Participants can expect a larger game collection consisting of all types of casino and sports betting products under a single license. Curacao-licensed Online casinos must adhere to a variety of safety and security measures for the ...

Why monetary policy should crack down harder during high inflation

The recent surge in inflation has led to a significant increase in the frequency of price changes, making prices more flexible. Conventional models assume a constant price change frequency, but in state-dependent models the frequency varies with economic conditions. Price flexibility has an impact on the effectiveness of monetary policy. In high inflation periods, frequent price changes make monetary policy more effective in reducing inflation with less impact on economic activity. Therefore, monetary policy should be more aggressive during such periods to stabilise prices efficiently.

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