Truthout
Economy
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Older Workers Have Highest Long-Term Jobless Rate
Older workers who lose their jobs have the highest rate of long-term unemployment compared to any other age group. In 2011, more than half of jobless workers, ages 50 …
Economic Update: Keynesian vs. Marxian Economics
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, both locally and globally in relation to the economic crisis.
Economic Update: How Economic Conditions Shape People’s Political Activity
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, both locally and globally in relation to the economic crisis. This week's show provides updates …
Economic Update: Government Bailouts, Corporate Takeovers and Unemployment
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, both locally and globally in relation to the economic crisis. This weeks show provides updates on …
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Why US Politicians Are Quiet About Europe’s Meltdown
After the Greek elections struck fear into the hearts of the global banksters, the fallout remains uncertain. If the next Greek election produces again an anti-austerity result, Greece will …
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Thousands March Against Austerity in Frankfurt
On Saturday, thousands marched to protest against unchecked capitalism and Chancellor Angela Merkelu2019s insistence on austerity measures for much of Europe.
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Memo to Mayor Bloomberg: JPMorgan Blow-Up Is Not a “Hiccup” – It’s a Giant Warning
The tone-deaf, gold-plated, Wall Street-worshipping mayor of New York City rushes to defend Jamie Dimon. New York's Mayor Bloomberg rarely loses an opportunity to rush to the defense of …
Why the Cops Should Be Knocking on Jamie Dimon’s Door Soon
The scandal surrounding JP Morgan’s losses in its Chief Investment Office is not going away, and for good reason. Its trading book continues to lose money at an astounding …
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Europe’s Economic Troubles Mount Ahead of G-8
Washington - Europe’s deepening debt crisis is likely to play out on U.S. shores Friday as financial markets digest the downgrade of the creditworthiness of 16 Spanish banks and …
Ignoring the Crisis: Philadelphia Schools Are Crumbling
An abandoned School. (Photo: Wout / Flickr) Last week, the city of Philadelphia's school system announced that it expects to close 40 public schools next year and 64 schools …