Truthout
Economy
The Energy Wars Heat Up: Six Recent Clashes and Conflicts on a Planet Heading Into Energy Overdrive
Conflict and intrigue over valuable energy supplies have been features of the international landscape for a long time. Major wars over oil have been fought every decade or so …
Economic Democracy, Not Austerity or Keynesian “Growth“
Protesters demonstrate against austerity cuts in London on March 26, 2011. (Photo: lewishamdreamer) Recent defeats of Dutch, Greek and French governing parties show rising opposition to their austerity policies. …
Austerity, the Euro Crisis and the US
Dean Baker: Austerity policy hitting a dead end, threat to US is a sovereign default leading to financial crisis. TRANSCRIPT: PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real …
Inside the Mind of a Microcredit Icon: Truthout Interviews Director of “Bonsai People,” a Film on Mohammad Yunus
Director Holly Mosher spent years making this documentary detailing how innovative economic initiatives, such as microcredit to the poor, can provide an alternative to traditional capitalistic financial products that …
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After Austerity
This year’s annual meeting of the International Monetary Fund made clear that Europe and the international community remain rudderless when it comes to economic policy. Financial leaders, from finance …
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Most Workers Shut Out of Wage Gains in Past 40 Years
Brian Beutler reports in Talking Points Memo that the liberal Economic Policy Institute is coming out soon with a new edition of their annual report, ‘The State of Working America.” A graph …
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Britain’s Leaders Force Nation Down Wrong Economic Path
(Image: CartoonArts International / The New York Times Syndicate)When David Cameron became prime minister of Britain and announced his austerity plans — buying completely into both the confidence fairy …
US GDP Slowdown and Prospects for Recovery in 2012
Last Friday, May 4, the U.S. labor department released its jobs numbers for April, confirming a prediction made by this writer this past winter that employment creation would once …
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After Elections, Europe Focuses on Growth
Berlin - In the volatile aftermath of raucous elections, which nearly destroyed the political establishment in Greece and ended 17 years of conservative reign in France, the emphasis across …
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Austerity as a Bridge to Nowhere
Washington, D.C. - Economic austerity is a dangerous, self-defeating intellectual fad. Perhaps I should say that's what it was, given Sunday's election results in Europe. Perhaps I should also …