Truthout
Economy
|
Fed Orders Post-Crisis Crackdown at Big Banks
The long-anticipated rule covers banks both domestic and international with assets above $50 billion.
|
A Lesson From Chattanooga
One especially important lesson concerns how one factor - “outside influence” - works so one-sidedly in the United States.
The Social Value of Finance
What is missing, Rahman argues, is any actual consideration of the social value of finance in general and financial innovation in particular.
Thomas Friedman Escaped and Is Writing About Economics Again
Thomas Friedman is loose in Silicon Valley, the economic hub best known for colluding to rip off its workers.
Usurious Returns on Phantom Money: The Credit Card Gravy Train
The credit card business is now the banking industry's biggest cash cow, and it's largely due to lucrative hidden fees.
|
In Argentina, the Rules Still Apply
In Argentina, we're seeing a mini-revival of what the economists Rudi Dornbusch and Sebastian Edwards long ago called “macroeconomic populism.”
|
The New Fascism: Terms and Conditions
By agreeing to the terms and conditions for the Bank of America smartphone application, you give the company the permission to turn on your camera and microphone without telling …
|
Ten Reasons to Call for More Than $10.10 as a Minimum Wage
President Obama signed an executive order on Wednesday raising the minimum wage for some federally contracted workers to $10.10.
|
After Slowdown, Global Fight for Land Rights at Tipping Point
Global trends towards a strengthening of legal rights over land for local and indigenous communities appear to have slowed significantly in recent years.
|
Paul Krugman | Redefining the Middle Class
One of the odd things about the United States has long been the immense range of people who consider themselves to be middle class - and are deluding themselves.