Truthout
Economy
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What Europe Needs Now Is Moderate Inflation
Paul Krugman: Europe's inflation problem: It's too low. Moderate inflation is actually a good thing for modern economies.
Economic Update: Struggles Over the Welfare State
Richard D. Wolff gives updates on the tentative budget deal in Congress, psychiatrists refusing insurance, austerity's terrible toll on Ireland; and more.
Tax Fairness Coalition Calls for Closing Tax Loopholes as Part of Budget Deal – A Position Strongly Supported by Voters in Poll
Decries cutting pensions of federal workers by $17 billion while maintaining “carried interest” tax break for hedge fund managers saving same amount
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Preparing a Goldilocks Economy: Getting the Minimum Wage Just Right
Saving the US economy begins with increasing the minimum wage, says economist Jeffrey Sommers.
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In Europe, a Repudiation of Austerity Policies
Paul Krugman: The European Central Bank's interest rate cut is a repudiation of the nascent triumphalism of Europe's austerians.
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Why Can’t We Access the Fed’s Free Money?
For the central bank to satisfy its mandate to promote full employment and to become an institution that serves all the people, not just the 1 percent, the Fed …
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November Job Growth Pushes Unemployment Rate Down to 7.0 Percent
The number of people involuntarily working part-time fell sharply in November.
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Raise the Minimum Wage
Eugene Robinson: The president has a long agenda, but addressing the minimum wage is where he should start.
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Paul Krugman | France’s Ideological Downgrade
Paul Krugman: Just as the austerity drive isn't really about fiscal responsibility, the push for ‘structural reform’ isn't really about growth; in both cases, it's mainly about dismantling the …
Economic Update: Capitalism’s Inequalities
Richard D. Wolff discusses capitalism's uneven development and more.