Latest Economy
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Exacerbated by climate-related shocks, increasing conflicts have been a key driver of severe food crisis and recently re-emerged famines, a major United Nations joint report has just revealed
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Gahman: Colonialism, inequality mean hurricanes hit harder
Across most Caribbean islands, hazard exposure is about the same, but research shows that poverty and social inequality drastically magnify the severity of disasters
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Lalaguna: War on Drugs, Part 5: 1998-2010
From 1773 to 1946, a large part of the building and maintaining of empires had been done by addicting and exploiting large sections of humanity
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Rosenberg: Making People Unhealthier Across the Globe
Developing countries are a hot market for Big Food's high-calorie junk food
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Elich: Trump’s War on the North Korean People
It is not diplomacy that the Trump administration seeks, but to crush North Korea
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Emmons: The Senate’s Military Spending
The Senate overwhelmingly approved an $80 billion annual increase in military spending, enough to have fully satisfied Sanders’s campaign promise to make tuition free at public colleges and universities
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Raina: The Short Shelf-life of Post-Truth
It is extremely rare to hear murmurs of discontent from...
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Lalaguna: War on Drugs, Part 4: 1984–1998
Between 1982 and 1985 cocaine consumption in the U.S. doubled to 72 tons per year, and the number of users increased by 38 percent to 5.8 million people
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Chomsky: Neoliberalism Is Destroying Our Democracy
How elites on both sides of the political spectrum have undermined our social, political, and environmental commons
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Monbiot: Capitalism can only destroy planet
The demand for perpetual economic growth, and the collective madness it provokes, leads inexorably to environmental collapse
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Ewart: Deregulated & Unaccountable
For-Profit Nursing Homes in Florida Face Scrutiny After Irma Deaths
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Edmonds: After the Hurricane(s)
From climate change to dependence on tourism, the Caribbean today faces a variety of existential threats
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Lopez: Puerto Rico Is Getting Squeezed
The path of austerity could spread economic pain and social woes far beyond the Caribbean island
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Aronoff: Irma and Privatization in Puerto Rico
Vultures circling the wreckage of Puerto Rico in the wake of Hurricane Irma are closing in on a long-sought prize: the privatizing of the island’s electric utility
ZMag Economy
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#IndianWinter: How Much Is A Boss Worth?
In the last five years alone, corporate CEOs received percentage pay increases nearly double that of the U.S. workforce. This enormous and rapidly growing economic inequality between bosses and workers can certainly be challenged on the basis of social justice.
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No, you can’t really make this stuff up: orthodox economists continue to tell us that the reason for ongoing economic stagnation is that wages and unemployment benefits are too high. Yes, that’s right. You haven’t suffered enough
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On one hand, Trump appears to moving closer to traditional Republican party elite positions on big reductions of taxes on corporate-investor elites and on delivering longstanding elite demands to deregulate business; at the same time he appears to be moderating his position with regard to that third top priority of the U.S. neoliberal elite
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Pizzigati: For the Wealthy, A Taxing New Worry
Thanks largely to Fleischer, this preferential tax treatment of “carried interest” has now become the single most notorious loophole in the federal tax code
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The devastating wars raging across the Middle East can be explained in large part by America’s commitment to a doctrine of global militarism called “full spectrum dominance
Video Economy
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Weisbrot: Venezuela’s New Economic Measures
The new measures can help alleviate some of Venezuela's economic problems, but do not address the heart of the problem, an inflation-depreciation spiral
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Trump's plan would mean 'a huge increase in the budget deficit primarily to give tax cuts to the richest people in the country'
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Bayard: Voting Against A Union
The UAW poured huge amounts of resources into the union bid. Understanding why the vote failed so badly is key to organized labor’s future
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Weisbrot: New US Sanctions Against Venezuela
US sanctions against Venezuela, which VP Pence announced Wednesday, target Venezuelan debt and will make borrowing more expensive, hurting the people Trump claims to help
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 2014 Farm Bill This is...
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Wilson: PRIMER: Farm Justice Proposals for the 2012 Farm Bill
FARM JUSTICE PROPOPOSALS FOR THE 2014 FARM BILL Introduction Here...
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Simpson: GOP Economics: Failure Is Not An Option. It’s a Requirement.
Republicans are very good at confusing people about...
