Truthout
Economy
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As Another Confrontation Looms, Will Obama Stand His Ground?
Paul Krugman: If Mr. Obama stands his ground in the debt ceiling confrontation, the fiscal cliff deal wonu2019t look bad in retrospect.
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Is There an Alternative for Capitalist Economics and Politics? Richard Wolff Says Yes
Few are better equipped than economist Richard Wolff, professor emeritus at the University of Massachusetts, to address the massive failings and inequalities of capitalism.
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Save Social Security: Paul Krugman for Treasury Secretary
A push is on to get the Nobel Prize winner in economics the position in the new Obama administration.
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Economic Update: Our Unjust Federal Tax System
Updates on how the new US tax deal favors the rich, deepening student loan problems, and how 2012 benefited billionaires. Analysis of possible conversion from a war-oriented to a …
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25 Best Progressive Victories in 2012
Peter Dreier looks back at 2012 and 25 powerful progressive victories, including elections, ballot measures, court rulings, legislation and new waves of mobilization.
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Can You Fight Poverty With a Five-Star Hotel?
In case after case, the verdict was the same: The IFC likes to work with huge corporations, funding projects these companies could finance themselves.
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The Financial War Against the Economy at Large
Michael Hudson continues his analysis of America's economic collapse and the myth of the fiscal cliff.
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American Dynasties Perpetuated by “Cliff” Estate Tax Deal
James S. Henry: Obama's deal with GOP on estate tax ensures very rich families will continue to amass historic levels of wealth and power.
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Unemployment Unchanged at 7.8 Percent, Economy Adds 155,000 Jobs
This pace of job growth is consistent with a declining unemployment rate, but will not return us to full employment until the next decade.
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In the Coal Fields, a Novel Way to Get Rid of Pensions Is Born
If you are an individual struggling with debt, your options are limited. But if you are a coal company, you may be able to take advantage of a creative …