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    <title>(Old Feed) The Case For Concerted Action</title>
    <link>http://www.concertedaction.com</link>
    <description>Post-Keynesian Ideas For A Crisis That Conventional Remedies Cannot Resolve</description>
    <language>en-US</language>
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      <title>(Old Feed) The Case For Concerted Action</title>
      <link>http://www.concertedaction.com</link>
      <url>http://www.concertedaction.com/wp-content/uploads/2016/10/cropped-site-icon-32x32.png</url>
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      <title>Kalecki. Geniusz Zapomniany</title>
      <pubDate>Sat, 18 Mar 2017 09:22:41 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/03/18/kalecki-geniusz-zapomniany/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11515</guid>
      <comments>http://www.concertedaction.com/2017/03/18/kalecki-geniusz-zapomniany/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[h/t Matias Vernengo, I came across this nice short documentary Kalecki. Geniusz Zapomniany (Kalecki: Forgotten Genius) on the life of the Polish 🇵🇱 economist Michal Kalecki. Michal Kalecki with India&#8217;s first Prime Minister Jawaharlal Nehru. Click the picture to see the documentary in a new tab.  I also came across this nice article by Marc Lavoie, Kalecki And Post-Keynesian [&#8230;]]]></description>
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      <title>Noah Smith On Free Trade</title>
      <pubDate>Thu, 16 Mar 2017 21:08:04 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/03/16/noah-smith-on-free-trade/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11502</guid>
      <comments>http://www.concertedaction.com/2017/03/16/noah-smith-on-free-trade/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[In an article The Man Who Made Us See That Trade Isn&#8217;t Always Free for Bloomberg View, Noah Smith says this about David Autor: So, I asked, how should trade policy be changed? Autor’s answers again surprised me. He suggested that the process of admitting China to the World Trade Organization back in 2000 should have been slowed [&#8230;]]]></description>
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      <title>Immigration And Wages</title>
      <pubDate>Tue, 14 Mar 2017 19:25:49 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/03/14/immigration-and-wages/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11489</guid>
      <comments>http://www.concertedaction.com/2017/03/14/immigration-and-wages/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[In recent times, there has been a large rise in refugees. This has fueled the debate on migration—both about economic migration and on people seeking refuge in the West because of political turmoil in their home countries. As is true with most issues, there&#8217;s a conflation. Of course, the latter is non-negotiable. Article 33. &#8211; Prohibition [&#8230;]]]></description>
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      <title>Francis Cripps And Marc Lavoie’s Short Biography Of Wynne Godley</title>
      <pubDate>Sat, 11 Mar 2017 21:42:54 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/03/11/francis-cripps-and-marc-lavoies-short-biography-of-wynne-godley/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11479</guid>
      <comments>http://www.concertedaction.com/2017/03/11/francis-cripps-and-marc-lavoies-short-biography-of-wynne-godley/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[There&#8217;s a new book, The Palgrave Companion To Cambridge Economics which features among other things biographies of Wynne Godley, Joan Robinson and Nicholas Kaldor and other notable Cambridge economists. Wynne Godley&#8217;s biography—Wynne Godley (1926-2010)—is by his closest collaborators – Francis Cripps and Marc Lavoie (pp. 929-953) You can access the book on Springer, if you have [&#8230;]]]></description>
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      <title>The FRED Blog On Unemployment</title>
      <pubDate>Thu, 09 Mar 2017 20:45:29 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/03/09/the-fred-blog-on-unemployment/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11469</guid>
      <comments>http://www.concertedaction.com/2017/03/09/the-fred-blog-on-unemployment/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[The FRED Blog On Unemployment Federal Reserve Bank of St. Louis has a good explainer on the different unemployment rates. (Click the header for the link). These nuances have become more important than before as Donald Trump has frequently suggested that the unemployment rate is fake. While Trump overstates his case, it&#8217;s also true that [&#8230;]]]></description>
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      <title>FRED Graph: US 🇺🇸 Sectoral Balances</title>
      <pubDate>Tue, 07 Mar 2017 17:33:02 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/03/07/fred-graph-us-sectoral-balances/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11456</guid>
      <comments>http://www.concertedaction.com/2017/03/07/fred-graph-us-sectoral-balances/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[FRED Graph: US 🇺🇸 Sectoral Balances Tracking the sectoral balances of a nation&#8217;s economy is a great way to build a narrative about its economic dynamics. It&#8217;s true, that an accounting identity doesn&#8217;t say much about causation. But they hint it and if we have a behavioural model around it, then we learn a lot [&#8230;]]]></description>
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      <title>Glenn Greenwald On The New Yorker‘s Admission</title>
      <pubDate>Tue, 28 Feb 2017 22:12:43 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/02/28/glenn-greenwald-on-the-new-yorkers-admission/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11428</guid>
      <comments>http://www.concertedaction.com/2017/02/28/glenn-greenwald-on-the-new-yorkers-admission/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[Since the U.S. elections results, the media has been hysterically claiming that Hillary Clinton lost the election because of &#8220;Russian hacking&#8221;. This is mainly to suffocate the debate on why Clinton really lost. A lot of journalists leaning Hillary Clinton before the election do this Russian hacking thing regularly either on TV, or on Twitter [&#8230;]]]></description>
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      <title>The Kaldor-Verdoorn Law In Action</title>
      <pubDate>Tue, 28 Feb 2017 08:56:24 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/02/28/the-kaldor-verdoorn-law-in-action/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11416</guid>
      <comments>http://www.concertedaction.com/2017/02/28/the-kaldor-verdoorn-law-in-action/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[The Kaldor-Verdoorn Law conjectures that the causality is mainly from GDP to productivity. It&#8217;s not obvious to most economists. They do observe that GDP rises fast when productivity is rising fast but don&#8217;t see the direction of causality and assume it&#8217;s from the latter to the former. Some do see some connection, such as Lawrence Summers [&#8230;]]]></description>
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      <title>The Non-existence Of NAIRU In SFC Models</title>
      <pubDate>Fri, 24 Feb 2017 18:25:51 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/02/24/the-non-existence-of-nairu-in-sfc-models/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11400</guid>
      <comments>http://www.concertedaction.com/2017/02/24/the-non-existence-of-nairu-in-sfc-models/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[Simon Wren-Lewis has a post on his blog, The NAIRU: A Response To Critics. In that he refers to a blog post from me where I refer to the book Monetary Economics by Wynne Godley and Marc Lavoie. He perhaps doesn&#8217;t like me just citing the textbook and needs an explanation. How is that for an argument! Suppose I [&#8230;]]]></description>
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      <title>The New York Times On Automation</title>
      <pubDate>Tue, 21 Feb 2017 21:38:37 GMT</pubDate>
      <link>http://www.concertedaction.com/2017/02/21/the-new-york-times-on-automation/</link>
      <guid isPermaLink="false">http://www.concertedaction.com/?p=11390</guid>
      <comments>http://www.concertedaction.com/2017/02/21/the-new-york-times-on-automation/#respond</comments>
      <category>Uncategorized</category>
      <description><![CDATA[The New York Times On Automation The Editorial Board of The New York Times have written an editorial in &#8220;The Opinion Pages&#8221; stating that they don&#8217;t see automation as something taking away jobs.  The article also rightly says: Americans should blame policy makers, not robots. While that&#8217;s great&#8212;good start&#8212;the article errs on trade: Defenders of globalization [&#8230;]]]></description>
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