Browsing by Author "Palley, Thomas I."

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The economics of wage-led recovery: analysis and policy recommendations

Palley, Thomas I.
2011-07

The financial crisis and Great Recession have been followed by a jobs shortage crisis that most forecasts predict will persist for years given current policies. This paper argues for a wage-led recovery and growth program ...
Europe’s financial crisis: the Euro’s flawed design and the consequences of lack of a government banker

Palley, Thomas I.
2012-03

This paper argues the euro zone requires a government banker that manages the bond market and helps finance country budget deficits. The euro solved Europe’s problem of exchange rate speculation by creating a unified ...