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:
Editor writes Is it a bubble?
Lars Pålsson Syll writes Econometrics — a second-best explanatory practice
run75441 writes On the road again
John Quiggin writes Paying for the Pandemic