Category: Economics

Dean Baker: The Federal Reserve Board, Jobs and the Rewriting of Economic History

There is no reason to think that economists’ understanding of the economy is any better today than it was two decades ago, and people should know this

Tom Vouloumanos: Syriza, The EU Institutions & Struggle For Democracy

A Greek victory, however minor, against EU imposed austerity will shake a European establishment to its core

Jérôme Roos: Greek referendum: euro crisis explodes into dramatic climax

Those who accuse the Greeks of “recklessness” are mistaken: the creditors’ utter contempt for democracy left them with no other choice but a rupture.

Andrew Breiner: Why We Should Spend Billions More On Trains

Getting cars off the roads would help combat climate change and improve air quality. Government policy could make this happen. From Acela to Alaska, U.S. train travel offers a practical, affordable, and green alternative to travel by car and plane.

Lawrence Wittner: The Sad Case of Start-Up NY

For several decades, state and local governments have been showering private businesses with tax breaks and direct subsidies based on the theory that this practice fosters economic development and, therefore, job growth. But does it?

Fanny Malinen: The importance of the Greek debt audit

While the world’s media focuses on the bailout negotiations, a debt audit is underway to prove much of Greece’s debt illegitimate, illegal and odious

Pete Dolack: TPP promises health care for profits, not patients

“Free trade” agreements are nothing more than initiatives to cement corporate control over all aspects of society

Jack Rasmus: Greek Default? What Does the Troika Really Want?

A default would reduce the value of the Euro further and theoretically provide another boost to exports and the sagging Eurozone economy

John Bellamy Foster: Marxism, Ecological Civilization, and China

In recent decades there has been an enormous growth of interest in Marx’s ecological ideas, first in the West, and more recently in China

Pete Dolack: Keynesianism Will Not Save The World

The only route for capitalists is to reduce wages and benefits. The only route for the 99 percent is an entirely different world

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