Latest Economy
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Ellsberg: From the Pentagon Papers to the Doomsday Machine
Interview on the continuing existential threat posed by the military-industrial complex
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Lakey: The world’s happiest people already have a Green New Deal
Green New Deal advocates in the United States should look to the Nordic countries for inspiration on how to overcome the 1 percent and address climate change
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Baker: Fun Fictions in Economics
There is an awful lot of nonsense that passes as serious analysis within economics. For cheap fun, I thought I would use a nice spring afternoon to highlight some of my favorites
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Pizzigati: How Progressives Can Fix the Progressive Income Tax
Taxes on the wealthy should be linked not just to the top of the income ladder, but also to the bottom
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Street: Stephen Moore Gets Something Right: It’s Capitalism vs. Democracy
Moore’s mission on the Fed board – the reason that Trump has nominated him – would be to advance Trump’s political re-election agenda by pushing the president’s absurd claim that the Fed is pursuing a “tight money” (high interest rate) policy
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Wetzel: A “Green New Deal”?: The Eco-syndicalist Alternative
Capitalist dynamics are at the very heart of the current crisis that humanity faces over global warming
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Kranhold: You paid taxes. These corporations didn’t
About twice as many of the largest U.S. companies reported they didn’t owe taxes in 2018 compared with previous years, a partial result of the 2017 Trump tax law, according to a report
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Albert: Socialism: Who Decides What?
This is the seventh in a multipart series addressing the surge in interest in and support for Socialism
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Rasmus: Trump Whacks the Middle Class
$4.5 Trillion Tax Cut for Them; $1.5 Trillion Tax Hike for the Rest
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Solomon: The Toxic Lure of “Guns and Butter”
Most top Democrats keep promoting the guns-and-butter fantasy while aiding and abetting what Dr. King called “the madness of militarism”
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Aronoff: Could a Green New Deal Make Us Happier People?
It’s a truism in capitalism that economic growth is synonymous with prosperity, and prosperity is synonymous with happiness
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Proyect: DeGrowth, the Green New Deal and This Island Earth
Back in the early 1970s, the Socialist Workers Party was...
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1% Politics and the Scandals of A New Gilded Age
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Clawson: Who Controls Our Time?
Everyone wants more say over when and how much they work
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Albert: Socialism: The Property Problem
This is the sixth in a multipart series addressing the surge in interest in and support for Socialism
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Pizzigati: Should We Tax Capital Gains?
Senator Ron Wyden is digging imaginatively into the innards of taxing capital gains
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20 Years of Pushing Expensive Meds and Diseases People Probably Don’t Have
ZMag Economy
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U.S. neocons are once again back in charge of U.S. foreign policy, driving the U.S. toward yet another war and attempt at regime change of a foreign government
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Coles: Education, Jobs and Capitalism
American capitalism has a hate-love relationship with the nation’s schools
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Rasmus: Global Oil Price Deflation 2018 & Beyond
Global oil prices cannot be understood apart from understanding what’s happening with other financial asset markets and prices
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Rasmus: Comparing Crises: 1929 with 2008 and the Next
The last decade, 2008-18, is eerily similar to the periods 1921-1929 and 1996-2007
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As long we continue to fail to question the world economic system, our conditions will only worsen
Video Economy
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Wilpert: The Origins of Venezuela’s Economic Crisis
Venezuela has become a popular argument against socialism amongst conservatives because of the deep economic crisis it is currently traversing
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Ocasio-Cortez: Demolishing GOP Claim That Green New Deal Is “Elitist”
Speech in defense of the Green New Deal
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Chomsky: Will organized human life survive?
Noam Chomsky is Political Awareness Committee Student Organization Speaker at St. Olaf College
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Weisbrot: Trump Renews Venezuela Sanctions
Trump renewed Obama's sanctions against Venezuela, declaring it an "unusual and extraordinary threat" to the US, violating international law in the process
Audio Economy
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Rasmus: China Chasing Its Shadows
A look at China’s efforts since 2010 to tame its foreign ‘shadow banks’ that have been playing a central role in creating financial bubbles in its residential housing, local infrastructure, and currency markets
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Rasmus: Coporations 5, Workers -1
Dissecting key provisions in the Republican Congress’s recently passed ‘Omnibus’ Appropriations bill
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Rasmus: Oil Deflation, Russia’s Recession, and Ukraine Depression
Reviewing the continuing collapse of global oil prices and its effect on the emerging recession in Russia, continuing economic stagnation in Europe, and the deepening Depression in the Ukraine economy
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Rasmus: The Consequences of the Global Oil Price Crash
Talk on how the net effect on the global economy will likely prove to b significantly negative overall, and that the price decline could fall as low as $40/barrel in coming months
Economy Blogs
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Bohmer: Thomas Herndon’s Dismantling of Study Justifying Austerity
April 20, 2013 Thomas Herndon studied economics and political...
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Greeman: Scrooge Accepts Nobel Peace Prize
Brussels, Chrismas Eve, 2012. (From our Special Correspondant). Reactions...
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Wilson: Farm Bill: Turn Back? Take Back the Clock!
“These words may fall with an ominous sound on the...
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Wilson: Slides: The Dairy Crisis and the Farm Bill
The US (and beyond) dairy crisis is an enormous tragedy...
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Wilson: PRIMER: Revenue Insurance in the 2012 Farm Bill
PRIMER: Revenue Insurance in the 2018 Farm Bill This is...
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Wilson: PRIMER: Farm Justice Proposals for the 2012 Farm Bill
Primer: FARM JUSTICE PROPOPOSALS FOR THE 2018 FARM BILL FARM...
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Simpson: GOP Economics: Failure Is Not An Option. It’s a Requirement.
Republicans are very good at confusing people about...
