I test if the US housing crisis could be solved by taking money from the rich and handing it too the poor. Spoilers ... it would work.

The post The American Housing Crisis: A Theft, Not a Shortage appeared first on Economics from the Top Down.

Nitzan and Bichler show that the ratio of net interest to profit is strongly related to the rate of unemployment. Here’s my take on their research, along with some data updates.

Here’s a recording of a talk that got zoom bombed.

A talk given to the SEEFAR center about the problems with human capital theory.

When it comes to income, economists ask the wrong question. So they get the wrong answer.

Income in the US military follows the power ethos — to each according to their social influence.

The idea that income is proportional to productivity is a thought virus that needs to die.