Economy

Truthout interviews Marc Mauer, author of

Austerity, it turns out, only works if you don't know how to use an Excel spreadsheet.

Who is going to bring us the news of all the institutions, from City Hall to Congress, from Wall Street to the White House, that fail us?

The reasons for Los Angeles' comparatively good financial condition include a legal groundwork laid years ago that required specific funding safeguards, recent give-backs from public sector unions and an …

Nestle is proposing to gain access to the spring via a water exchange with Cascade Locks.

Paul Krugman: How is it possible that European austerians are unaware of the argument of their critics?

Under fiscal stress and the influence of a powerful business lobby, airports are being sold off to private investors.

Updates in this segment include Europeans limiting CEO pay, Chileans demonstrating for free education and the many countries with higher tax rates for the rich than in US.

Some Western countries have been trying to curb or even eventually eliminate the Asian model of state-owned or state-aided capitalism.

New study refutes Reinhart and Rogoff analysis that underpins austerity policy around the world; shows no relation between debt and lack of growth.