The only way Stephen Colbert could stay awake for a lesson on macroeconomics is on a roller coaster next to Nobel Prize-winning economist Paul Krugman.

Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start.

e Fed should have raised the Fed rate earlier. Now it is too late because the economy is over the top of the business cycle… or as I would say, against the effective demand limit.

As inequality concentrates wealth and income, it also concentrates the markets of production. Fewer labor hours are needed to serve the demand of those with the concentrated wealth.

Barclays says that the 60 basis point drop in corporate profit margins in the S&P500 over the last 12 months is a sign that we are heading toward a recession.

What we have seen is that over the past 6 months there's been an increase in risks to financial stability and also we've seen rotation to places where these risks are harder to monitor and harder to address.

The video is of a talk Adair Turner gave in November at the Bristol Festival of Economics. It reflects his current insights. (Video Length: 01:14:37)

This video discusses the case for what many of us are projecting now: that the Fed rate will not be able to rise next year, nor even in 2016. What will happen to inflation? Video length 12:19.

An interview with Jim Bruce on the future of Fed Policy. (interview starts at 14:40) He does not see the Fed rate lifting off next year.

The title of this post describes the main message of Pavlina Tcherneva’s research. This video is a “must see”. Video length 17:56.

I agree that economists focus too much on fiscal solutions. In my opinion, the real problem is low labor share, which expansionary fiscal policy has no guarantee to solve.

At the 4 minute point, the representative talks about youth unemployment in Europe and recommends two things…

Senator Elizabeth Warren and Treasury Secretary Jack Lew go toe to toe over whether "too-big-to fail" banks run the risk of causing another financial meltdown

What is the cause of the extinction? … Humans and their economic activity.

Been busy building a model to show the Fisher Effect. The model uses System Dynamics, which takes interrelated variables through a time simulation.

The French economist Thomas Piketty (Paris School of Economics) discussed his new book, Capital in the Twenty-First Century at the Graduate Center. In this landmark work, Piketty argues that the main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—threatens to generate extreme inequalities that stir discontent and undermine democratic values.