Truthout
Economy
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Economic Update: Guest Victor Wallis
Professor Wolff is joined by Victor Wallis to discuss ecology and economics comparing capitalist and socialist responses to environmental crisis.
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Giving Credence to the Wrong People
Paul Krugman: Just because someone was appointed to a policy position doesn't mean they're an expert.
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American Employment Winter: Beware Reports of Spring
The figures suggest that more people are simply holding multiple jobs.
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Forbes Billionaires List Growing
Economist, attorney and journalist James Henry: US still leads as many new billionaires emerging in China and Russia; corporate profits at record levels as austerity hits and unemployment remains …
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Worms, Pond Scum and Economists
High youth unemployment is a grave problem, but don't let austerity hawks blame it on Social Security and Medicare.
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Failed “Welfare” Programs and the Web of Poverty
The policies that create paradigms of poverty are often remote and administered with a hidden hand.
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NAFTA at 20: The New Spin
In essence, NAFTA advocates have been reduced to saying: 'so maybe NAFTA didn't help Mexico reduce poverty or increase wages. But hey! At least it gave it Walmart, Costcos, …
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What Is Modern Monetary Theory, or “MMT”?
The essential insight of Modern Monetary Theory is that sovereign, currency-issuing countries are only constrained by real limits.
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Making a New Economy: Getting Cooperative
Putting decision-making power in the employees' hands can keep a local economy going in tough times, and create stable jobs that are far less likely to disappear in times …
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A Labor Litmus Test: Is It Time For Just Cause?
As member rates for unions continues to lull, a possible incentive might be