Edmund Phelps is a knotty riddle for taxonomists. In the present day, with thinkers consigned to “left” or “right” on the basis of a few well-worn clichés, some would be tempted to class him as ...
Paul Mattick, Business As Usual: The Economic Crisis and the Failure of Capitalism. London: Reaktion Books, 2011. David McNally, Global Slump: The Economics and Politics of Crisis and Resistance.
Beyond benchmark measures like employment, growth, and inflation, economics encompasses the full spectrum of humanity. It affects—and reflects—everyone. Central bankers may be most acutely aware of ...