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Thomas Palley

Thomas Palley

Dr. Thomas Palley is an economist living in Washington DC. He holds a B.A. degree from Oxford University, and a M.A. degree in International Relations and Ph.D. in Economics, both from Yale University.

Videos by Thomas Palley

Another Thomas Palley Critique Of Neochartalism — Ramanan

Another Thomas Palley Critique Of Neochartalism — Ramanan

For the record. My view on this is that it fails to correctly present the MMT position (again).  MMT is a macroeconomic theory based on institutional analysis rather than being either an axiomatic system like conventional economics or a socio-economic and political analysis like Marxian economics. That is to say, MMT is framed in terms of the existing world system. It is an alternative to "neoliberalism," in so far as it is in the Paleo-Keynesian tradition (versus the New Keynesian or Samuelson New Synthesis). That is to say, as a macroeconomic theory it does not deal directly with social and political issues that go beyond the field of economics as it is currently practiced. However, MMT also has implications for political

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Why Trump Is Such an Important Character in Economic History

Jul.26 — Thomas Palley, an independent economist and author of “From Financial Crisis to Stagnation,” explains why President Donald Trump is such an important character in global economic history. He speaks with Bloomberg’s Joe Weisenthal, Scarlet Fu and Julie Hyman on “What’d You Miss?”

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Why Trump Is Such an Important Character in Economic History

Jul.26 — Thomas Palley, an independent economist and author of "From Financial Crisis to Stagnation," explains why President Donald Trump is such an important character in global economic history. He speaks with Bloomberg’s Joe Weisenthal, Scarlet Fu and Julie Hyman on "What’d You Miss?"

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Thomas Palley

”’Thomas Palley”’ ( born March 17, 1956 ) is an American economist who has served as the chief economist for the US–China Economic and Security Review Commission. He is currently Schwartz Economic Growth Fellow at the New America Foundation. All text, either derivative works from Wikipedia Articles or original content shared here, is licensed under: …

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Thomas Palley

”’Thomas Palley”’ ( born March 17, 1956 ) is an American economist who has served as the chief economist for the US–China Economic and Security Review Commission. He is currently Schwartz Economic Growth Fellow at the New America Foundation.

All text, either derivative works from Wikipedia Articles or original content shared here, is licensed under:
Creative Commons Attribution-ShareAlike 3.0 Unported License
A full list of the authors of the original content can be found in the following subdomain of wikipedia, here:
https://en.wikipedia.org/wiki/Thomas_Palley (Economists: Post Keynesian School)

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CrossTalk: Trump and His Generals

Candidate Donald Trump ran on a campaign that not only questioned many foreign policy orthodoxies, but also lashed out against the neoconservative view of the world. Today the president is surrounded by men in uniform. Some are calling this a soft coup.
CrossTalking with Michael O’Hanlon, Thomas Palley, and Patrick Henningsen.

FACEBOOK: Like CrossTalk on Facebook https://www.facebook.com/crosstalkrules/
SOUNDCLOUD: Listen to CrossTalk+ here
https://soundcloud.com/rttv/sets/crosstalk_plus
YOUTUBE: Watch all CrossTalk shows here:
http://www.youtube.com/playlist?list=PLPszygYHA9K3a4mGdkQSwXklDHLWrB8uz (2015 – Current)
http://www.youtube.com/playlist?list=PLPszygYHA9K1wI7Kcpxfq6NviCKYKjXAn (2013 – 2014)
http://www.youtube.com/playlist?list=PLPszygYHA9K1wI7Kcpxfq6NviCKYKjXAn (2012 – 2013)

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[552] Palley on trade and America’s middle class

Hundreds of thousands of Brazilians have called for the ouster of President Dilma Rousseff and Chinese buyers are trying to secure Starwood hotels with a $12.8 billion dollar buyout offer; Ameera David weighs in. Then, Bianca Facchinei takes a look at how the refugee crisis impacted this weekend’s regional elections in Germany. Afterwards, RT’s Manuel Rapalo reports on the Department of Justice setting its eyes on WhatsApp.

After the break, Edward Harrison sits down with Thomas Palley – economist and author of "From Financial Crisis to Stagnation” – to talk about the economics and politics of trade. And in The Big Deal, Ameera and Edward discuss subprime auto loans.

Check us out on Facebook — and feel free to ask us questions:
http://www.facebook.com/BoomBustRT

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[552] Palley on trade and America’s middle class

Hundreds of thousands of Brazilians have called for the ouster of President Dilma Rousseff and Chinese buyers are trying to secure Starwood hotels with a $12.8 billion dollar buyout offer; Ameera David weighs in. Then, Bianca Facchinei takes a look at how the refugee crisis impacted this weekend’s regional elections in Germany. Afterwards, RT’s Manuel …

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Introductory lectures on heterodox economics – Tom Palley – FMM

FMM Conference The Spectre of Stagnation? Europe in the World
Economy
Introductury Lecure on heterodox economics – Tom Palley

This Keynote is about: Introduction to Post-Keynesian Economics

Description of the Conference:
While the Great Financial Crisis has left its mark almost everywhere in the world economy, its regions have taken different paths in the aftermath. Europe, in particular, still suffers a prolonged slump with vast levels of unemployment and outright deflation posing a threat to political and social stability of the European Union. Is stagnation the new normal for Europe? Why did some parts of the world recover faster after the crisis, while others did not? Are their paths economically, ecologically and socially sustainable or do they only mask a general trend towards

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Introductory lectures on heterodox economics – Tom Palley – FMM

FMM Conference The Spectre of Stagnation? Europe in the World Economy Introductury Lecure on heterodox economics – Tom Palley This Keynote is about: Introduction to Post-Keynesian Economics Description of the Conference: While the Great Financial Crisis has left its mark almost everywhere in the world economy, its regions have taken different paths in the aftermath. …

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Smart Talk with Thomas Palley discussing financial capitalism

Andrew Mazzone, President of the Henry George School of Social Science interviews Thomas Palley, Senior Economic Advisor, AFL-CIO and author of the book “Plenty of Nothing, the Downsizing of the American Dream and the Case for Structural Keynesianism.” Their conversation focuses on a variety of issues including the Golden Age, shareholder value maximization and financial capitalism. The discussion spans 50 years of economic history and divides the 20th century into three components such as pre-1940, 1940-1980 and 1980 to the present.

Finance capitalism or financial capitalism is the subordination of processes of production to the accumulation of money profits in a financial system. Mr. Palley believes that government should shape capitalism through monetary, fiscal, trade, and

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Smart Talk with Thomas Palley discussing financial capitalism

Andrew Mazzone, President of the Henry George School of Social Science interviews Thomas Palley, Senior Economic Advisor, AFL-CIO and author of the book “Plenty of Nothing, the Downsizing of the American Dream and the Case for Structural Keynesianism.” Their conversation focuses on a variety of issues including the Golden Age, shareholder value maximization and financial …

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[139] Doug Casey on Data Collection & Thomas Palley talks Keynesian Econ

Our lead story: Edward takes at Phoenix housing, which is a key distressed housing market to follow – a canary in the coalmine for former bubble markets. Data from the month of May clearly show the housing market there topping out again. Then Edward takes a look at how American Express members can earn 2x the points if they use their cards to pay for Uber rides.

Then Erin sits down with Doug Casey of Casey Research to look at private data collection and the US government’s piggybacking off of collected data. After the break, Erin talks to Dr. Thomas Palley about differentiating between Post-Keynesians and New Keynesians.

In today’s Big Deal, Edward Harrison sits down with Thom Hartmann to talk about the field of economics and its shortcomings. Take a look.

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[136] Thomas Palley on ECB policy + Keynes & Ladar Levison talks Govt Surveillance

Our lead story: The European Central Bank has introduced a number of different measures aimed at stimulating the Eurozone economy such as negative interest rates, and cheap long-term loans to banks. What does all of this mean? Erin takes a look.

Then we sit down with economist Dr. Thomas Palley to get his view on the ECB decision and explore distinctions between New Keynesian economists and Post Keynesian economists. After the break, we check in with Ladar Levison of Lavabit to discuss his run in with federal authorities on the one year anniversary of Snowden’s revelations on the NSA.

In today’s Big Deal, Edward Harrison and Erin continue the discussion of government surveillance, digital privacy, and encryption. Take a look.

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[79] Thomas Palley: Fed stepping on breaks will kill wage growth and full employment

Our lead story: Erin takes a look at how some of the largest US companies parked their earnings in low tax countries. Many countries with low corporate tax rates use this as a vehicle to increase investment from abroad while also increasing jobs at home. US companies move to these countries to book profits offshore, but they also don’t want to pay taxes on these earnings. Erin brings you more.

Our guest today is author and economist Thomas Palley, who gives his view on the importance of wage growth and full employment in our ongoing economic recovery. Palley talks about the role of the Fed, and some alternative methods of financial regulation. Check out his ideas on what he calls "asset based reserve requirements."

For today’s Big Deal, Edward Harrison joins Erin to talk about what

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[50] Thomas Palley: ‘Sorry, but Paul Krugman isn’t a real Keynesian’

Is America a ‘financialized’ economy, dependent on bubbles for growth? That’s the topic for today. Bubbles, one hears a lot of noise about bubbles lately. And one sector we hear about in particular is technology. But is the tech bubble moniker really warranted? Erin Ade discusses.

Then, economist Thomas Palley, author of the book: "From Financial Crisis to Stagnation" talks to Erin about an American economy suffering from so-called secular stagnation. Former Clinton and Obama Administration Official Larry Summers has been talking about it. Is it a real phenomenon and is it a result of a financialized US economy? Dr. Palley explains. Palley also explains post-Keynesian economist Hyman Minsky’s financial instability hypothesis. While Dr. Palley admires the work of New Keynesian economist

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[50] Thomas Palley: ‘Sorry, but Paul Krugman isn’t a real Keynesian’

Is America a ‘financialized’ economy, dependent on bubbles for growth? That’s the topic for today. Bubbles, one hears a lot of noise about bubbles lately. And one sector we hear about in particular is technology. But is the tech bubble moniker really warranted? Erin Ade discusses. Then, economist Thomas Palley, author of the book: “From …

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