Labour markets don't clear because we don't want them to.
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A new paper suggests the natural rate hypothesis is an idea past its sell-by date.
Creative destruction is a key feature of capitalism, and it may eventually create jobs, but it could take a while. So what should we do while we wait?
The growth in foreign ownership in the UK is something to be welcomed, not feared. Foreign firms increase competition and help disseminate new ideas as local firms copy business methods and innovation.
Director of the Centre for Economic Performance2 articles | View profile
This week's Newsletter is live: How Not to Do Macroeconomics - http://t.co/hItAPV8GC8
Robert Shiller: Against the Efficient Markets Theory - by @mileskimball http://t.co/aFtaZnDT38
Putin's strategic gamble on Ukraine: http://t.co/B4qgO9pd6i #geopolitics #Ukraine #Russia
George Osborne, Unemployment & Inflation - by @azizonomics http://t.co/abH7BKzwlr
Further comment from Ian Kelly on the problem with equity crowd-funding - http://t.co/g3R3PSDxmv