By JKH Introduction This is the paper by Éric Tymoigne and L. Randall Wray: http://www.levyinstitute.org/pubs/wp_778.pdf The paper as suggested by the title is a reply to various critics who have [ … ]

Last week’s WealthTrack episode helped try to answer a question that I am sure on lots of people’s minds – how can you find income in a low interest rate [ … ]

Goldman Sachs is slowly releasing their best ideas for 2014. The first two are attached below:

Five years ago today, the markets were reeling. The most common emotions were fear and dread. Even though no less an authority than Warren Buffet had noticed the buying opportunity just over a month earlier, almost nobody was anxious to buy stocks.

I have to admit – when I wrote that piece a few weeks ago confidently declaring that the market was not a bubble I didn’t feel terribly comfortable about it. [ … ]

Paul Krugman had a good piece in yesterday’s blog about the potential for a Fed exit. Basically, he doesn’t think the Fed is even close to exiting highly accommodative policy [ … ]

I am seeing a lot of analysts and advisors using the Kalecki profits equation with increasing frequency.  And with this increasing frequency of use I am also seeing increasingly misleading [ … ]