Thomas I. Palley

Writing for PS since 2007
11 commentaries
0 videos & podcasts

Website

Dr. Thomas I. Palley is an economist living in Washington DC.

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The Next Federal Reserve Chairperson

The Next Federal Reserve Chairperson

Jul 29, 2013 Thomas I. Palley

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Death by Renminbi
Paul Lachine

Death by Renminbi

Oct 30, 2009 Thomas I. Palley

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One Hand Clapping for Ben Bernanke

One Hand Clapping for Ben Bernanke

Aug 26, 2009 Thomas I. Palley

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Motor City Meltdown

Motor City Meltdown

Nov 21, 2008 Thomas I. Palley

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Cut Now, Save Later

Cut Now, Save Later

Oct 9, 2008 Thomas I. Palley

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“America First” and Global Conflict Next
Jan 8, 2017

This is "group think" from a servant of the Davos "World Economic Forum" set. These are difficult political times. Trump is not good for us, and nor is the Davos set. The great political pitfall is, in reaction to Trump, we go back to supporting the Davos crowd.
The State of the United States
Mar 24, 2016

LET THEM EAT CAKE.
QUOTE: "The basis of this mood is hardly self-evident, as the country is better off economically than it was a half-dozen years ago, in the immediate aftermath of the 2007-08 economic crisis."

Mr. Haas says we are better off than we were in the worst crisis since the Great Depression so we should be happy.

Sounds like Versailles. Let them eat cake. Perhaps he should be thinking about the guillotine?
- Petey Bee Mar 25, 2016
  
  No need for anything that extreme, but the response to the financial crisis has hardly been equal. Time series of income and net worth, broken down by income percentile:
  http://postimg.org/image/ezt9rnzpj/
  http://postimg.org/image/q0oeworyf/
  A new reply to this comment has been posted.

The Economic Consequences of Automation

Robert Skidelsky

Economic theory does not provide a clear answer regarding the overall impact of technological progress on jobs. And even if automation has traditionally been beneficial in the long run, policymakers should never ignore its disruptive short-term effects on workers.

Jerome Powell’s Dilemma

Carmen M. Reinhart & Vincent Reinhart

There is a reason that the US Federal Reserve chair often has a haunted look. Probably to his deep and never-to-be-expressed frustration, the Fed is setting monetary policy in a way that increases the likelihood that President Donald Trump will be reelected next year.

Brexit House of Cards

Mark Malloch-Brown

Following British Prime Minister Boris Johnson's suspension of Parliament, and an appeals court ruling declaring that act unlawful, the United Kingdom finds itself in a state of political frenzy. With rational decision-making having become all but impossible, any new political agreement that emerges is likely to be both temporary and deeply flawed.

Thomas I. Palley

The Next Federal Reserve Chairperson

Death by Renminbi

One Hand Clapping for Ben Bernanke

Motor City Meltdown

Cut Now, Save Later

“America First” and Global Conflict Next

The State of the United States

Asia’s Multilateral Balancing Act

The Economic Consequences of Automation

The Return of Fiscal Policy

Jerome Powell’s Dilemma

Can Direct Democracy Defeat Populism?

Strengthening Land Rights Will Curb Migration

Islands of Climate Ambition

Brexit House of Cards

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