Category: Economics

Pete Dolack: If the economy is so good, why are wages flat?

GDP pays no attention to inequality. If there is more wealth, but all that wealth is concentrated in a small number of hands while all others suffer declining living standards, then GDP will rise even though working people are worse off

Jack Rasmus: Will Trump’s Trade War Precipitate a Currency War?

Trump is betting his intimidation approach can produce quick results before his tariff war precipitates a currency war and a severe global economic contraction

Dorothy Guerrero: Free trade is toxic

Hostile trade wars and American protectionism will double down on the damage done by decades of US-driven global free trade policies

Gerald Epstein: Goodbye Regulations, Hello Impending Global Financial Crisis

As long as we have capitalism, we are going to have financial crises

Pete Dolack: World Bank solution for lack of jobs: Cut worker protections

What we have here are code words meaning make it easier to fire people

Walden Bello: China’s Bigger Economic Threat

America should worry less about China’s economic success and more about a potential Chinese financial implosion

Gerald Friedman: Why Janus Matters

Because women and minority workers are disproportionately employed in these jobs, public-sector unions are particularly important for them

Asad Rehman: A world for the many, not the few

For too long, politicians and, to their shame, many in the development sector have ignored the key driver of global poverty: neoliberal capitalism

Jack Rasmus: South America’s ‘Made in the USA’ Growing Crisis

How Brazil, Argentina, and Venezuela are destabilized

Pete Dolack: Hiding the real number of unemployed

In an era of runaway corporate globalization, there is ever more precarity

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