Truthout
Economy
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Suffocating Austerity: The West’s Folly in Greece Repeats Old Patterns
The troika's attack on Greek sovereignty recalls the devastation of the Fourth Crusade, but there is an honorable way to resolve Greece's debt crisis.
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Bank Scandal Turns Spotlight to Regulators
Politicians in both London and Washington are questioning whether regulators allowed banks to report false rates in the run-up to the 2008 financial crisis and afterward.
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Blame Politics, Not Economics, for This Enduring Crisis
So why the sense that macroeconomics is a mess? Iu2019d say that itu2019s essentially political.
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Inequality Rises as Union Numbers Decline
By now, weu2019ve all heard about the growing disparity between rich and poor u2014 and most of us have felt the effects. This chart, posted by Colin Gordon of …
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For Europe’s Leaders, the Solution Remains Elusive
The European Union summit in June was clearly an upside surprise: in effect, the Latin bloc forced German Chancellor Angela Merkel to bend, at least slightly. But was it …
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America the Beautiful: A Fire Sale for Foreign Corporations
The trade agreement would give unprecedented political authority and legal protection to foreign corporations.
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Can a Financial Transactions Tax Work in America? An FTT FAQ
One of the most talked about new ideas for raising revenue is the financial transactions tax (FTT).
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Restructuring Europe – for Whom?
The structural reform now being discussed in Europe would mean an even more neoliberal agenda.
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Why Letting the Bush Tax Cuts for the Rich Expire Will Not Hurt the Economy
Real GDP and job creation were both stronger when the top tax rate was higher.
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Obama Asks Congress for Limited Extension of Bush Tax Cuts
President Barack Obama Monday urged Congress to extend for one year Bush-era tax cuts for anyone earning less than $250,000—a plan that reinforces already sharply-drawn battle lines between and …