Economy

Paul Krugman: I'm still amazed by the absolute unanimity of policy makers' turn to austerity.

The Fed believes the sequestration harms their efforts to jumpstart the economy.

Spain's relationship with Germany had already damaged its political economy before the latest crisis, argues Navarro. The present-day imposition of austerity enforced by Eurozone authorities recalls and restores historic …

Economic updates of airline delays, minimum wages for tipped workers, global military spending, and profit-driven Bangladesh building collapse.

This year, the city government brought in an estimated 7,000 auxiliary officials from across Germany to aid in controlling the May Day protests.

On Earth Day, a new alternative government, the Green Shadow Cabinet, was announced. Its over 80 members are leaders in their fields, from medicine to art to activism, and …

So, how is it that Bangladesh, a third-world nation, can seize the assets of those responsible for the tragic factory collapse and bring them court in just 5 days, …

It's not just the arithmetic on debt-to-GDP ratios that tripped up RR; it was the basic logic of their argument.

The new rules for too-big-to-fail banks: use creditor funds, including uninsured deposits, to recapitalize.

Joseph Minarik and Bob Pollin debate recent PERI report that debunked economic theory that supported austerity policies