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.

Do higher interest rate increase unemployment? I look at the evidence and find it lacking.

Using standard tools of economic analysis, I show that the key to reducing inflation is to raise wages as fast as possible.

According to economic orthodoxy, higher interest rates reduce inflation. In this post, I hold your monetary faith to the fire. Can it survive?