Truthout
Economy
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In Reversal, House GOP Agrees to Lift Debt Limit
House Republicans said Friday that they would agree to lift the federal governmentu2019s statutory borrowing limit for three months.
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A New Industrial Revolution: The Rise of the Robots
Paul Krugman: Smart machines may make higher GDP possible, but they will also reduce the demand for people, including smart people.
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Why Unions Are Different
When I was elected to Congress in 2008, I asked to join the American Federation of Government Employees (AFGE). Why? Because I was a government employee. The AFGE negotiates …
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New Cuba: Beachhead for Economic Democracy Beyond Capitalism
Help bust the myth that markets mean capitalism for the new Cuba by sharing this article.
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Is Effective Financial Regulation Possible?
Gerald Epstein: Powerful lobbying by finance sector keeps turning regulations into Swiss cheese; there is an alternative if people fight for it.
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A Modest Proposal for Jacob Lew: Acknowledge Three Simple Facts about US Fiscal Reality
Three irrefutable facts about the current US fiscal condition that Jack Lew should be willing to recognize.
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Corporate Gold on the Fiscal Cliff
Behind closed doors, Congress larded the fiscal cliff deal with corporate tax breaks worth tens of billions of dollars.
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Obama Says GOP Won’t Get “Ransom” to Lift Debt Limit
The president said Republicans would be responsible for the economic fallout if they refused to raise it.
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Why the Housing Recovery is Nearly Homeowner-Less
Low-interest rates by the Fed are causing investors to purchase foreclosed homes in blocks of hundreds.
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Economic Update: Contending Economic Theories
Trying a new format, we use the full hour to examine the two basic kinds of economic theory mostly widely used now to understand economic issues.