Economy

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

Debates in countries over laws to curb tax evasion miss the point, according to Richard D. Wolff.

Robert Reich: Both sides of the modern debate have neglected the scourge of widening inequality.

Like many US cities since the onset of the recession, Portland has faced years of budget cuts costing jobs.

Dean Baker: The high pay for those at the top does not come out of the air; it comes from everyone else's paycheck.

That's the question millions will be asking when they see the new paper by my friends at the University of Massachusetts, Thomas Herndon, Michael Ash, and Robert Pollin.

Joseph Minarik (former chief economist of the Office of Management and Budget for eight years during the Clinton Administration) and economist Richard Wolff take on President Obama's proposed changes …

Wolff will focus on wages, jobs, taxes, and debts - and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other …

The cuts span a wide range of federal programs and departments; here is what we know so far.

Unlike the offshore account tax fraud that gets so much press and regulatory attention, many of the most egregious tax avoidance scams are perfectly legal.