A group of experts associated with the Economists for Peace and Security and the Initiative for Rethinking the Economy met recently in Paris to discuss financial and monetary issues; their viewpoints, summarized here by Senior Scholar James K. Galbraith, are largely at odds with the global...

The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe--and a stale argument between two false solutions, "austerity" on one side and "stimulus" on the other. Both sides and practically all analyses...

Ideen für die Wirtschaft von morgen: Seit Ausbruch der Finanzkrise 2008 streiten zwei ökonomische Denkschulen, zuletzt im Fall Griechenlands, über die ?richtige? Lösung: sparen oder investieren? Beide Ansätze, so James K. Galbraith, sind falsch, denn beide basieren auf der Annahme einer...