Truthout
Economy
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Four Years After Wall Street Crash, Regulation of Financial Markets Is Still Spotty
Washington - Almost four years after America’s financial near-collapse, regulators are now empowered to police financial markets as never before. Yet some of the most important rules to curb …
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The Restructuring of Capitalism in Our Time
This book wasn’t yet published when the Occupy Wall Street protests got under way, but The Restructuring of Capitalism in Our Time provides a solid foundation for that movement’s critique of …
A Question of Timing: What America Can Learn From the Revolt in Europe
David Cameron, Prime Minister of the United Kingdom at the Annual Meeting 2012 of the World Economic Forum in Davos, Switzerland, January 26, 2012. (Photo: Moritz Hager / World …
Economic Update: US Banks Are Invading the Payday Loan Industry
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, both locally and globally, in relation to the economic crisis. In this week's show, Wolff …
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The Stall Has Arrived
The economy has stalled. Friday’s jobs report for April was even more disappointing than March. Employers added only 115,000 new jobs, down from March’s number (the Bureau of Labor …
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Economy Has Recovered All Private Sector Jobs Lost Since Obama Took Office (Chart)
As of April, there are now more private sector jobs in the United States than there were in January 2009, when President Obama took office. You read that right. …
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In Voting Sunday, Greece and France Are Expected to Reject Austerity Measures, Roiling Europe’s Leaders
Nicolas Sarkozy. (Photo: Rodrigo SEPÚLVEDA SCHULZ / Flickr)Athens, Greece - French and Greek leaders who backed the European Union’s severe austerity measures are likely to take a drubbing when …
A Tale of Two Rules: Washington Bureaucracy and the Politics of Workplace Safety
Washington, D.C. - Many laws are proposed in this town, but only some are passed. The same is true of regulations—except the White House Office of Management and Budget (OMB), …
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Job Slowdown Continues Into April, but Unemployment Still Edges Downward
It is virtually certain that the unemployment rate will rise in coming months. The economy added just 115,000 jobs in April. While the March number was revised up to …
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In the Euro Zone, False Narrative Dominates Debate
So, the euro crisis is risk on again. And this time it’s centered on Spain — which in a way is a good thing, because now the essential craziness …