Issue 292

Medicaid Kayfabe: Fake Wrestling

The features of the bill that are likely to help ordinary people were catchy and easy to understand—reduced taxes on tips and overtime pay and a higher standard deduction for the elderly on income taxes. Yet these projected revenue losses are tiny compared to those incurred by the super rich.

Beyond Keynesianism

By James M. Cypher

Irving Fisher’s Depression-era debt-deflation theory, then and now. Read more »
Still Banking on Fraud

By William K. Black

The Dodd-Frank banking reform and other responses to the financial crisis fail to address the “control fraud” that caused the crisis. Read more »
Unemployment:
A Jobs Deficit or a Skills Deficit?

By John Miller and Jeannette Wicks-Lim

Politicians, journalists, and economists are trying to reframe a severe jobs crunch as a problem of workers’ inadequate skills. Read more »
Why Do They Oppose More Stimulus?

By Arthur Macewan

Dear Dr. Dollar: Why are conservatives, especially wealthy conservatives, against stimulating the economy through deficit spending? Don’t businesses’ profits and the incomes of the wealthy depend on economic growth? Read more »