This paper explores the economics and political economy of financialization using Matt Taibbi’s vampire squid metaphor to characterize it. The paper makes five innovations. First, it focuses on the mechanics of the “vampire squid” process whereby financialization rotates through the economy loading sector balance sheets with debt. Second, it identifies the critical role of government ...
tom considers the following as important: Economics, Political Economy, U.S. Policy, Uncategorized
This could be interesting, too:
WARREN MOSLER writes Job openings, hires, Manufacturers orders, real estate lending
Dan Crawford writes Open thread Oct. 3, 2022
Lars Pålsson Syll writes The price of economics