Economy

Professor Wolff is joined by Victor Wallis to discuss ecology and economics comparing capitalist and socialist responses to environmental crisis.

Paul Krugman: Just because someone was appointed to a policy position doesn't mean they're an expert.

The figures suggest that more people are simply holding multiple jobs.

Economist, attorney and journalist James Henry: US still leads as many new billionaires emerging in China and Russia; corporate profits at record levels as austerity hits and unemployment remains …

High youth unemployment is a grave problem, but don't let austerity hawks blame it on Social Security and Medicare.

The policies that create paradigms of poverty are often remote and administered with a hidden hand.

In essence, NAFTA advocates have been reduced to saying: 'so maybe NAFTA didn't help Mexico reduce poverty or increase wages. But hey! At least it gave it Walmart, Costcos, …

The essential insight of Modern Monetary Theory is that sovereign, currency-issuing countries are only constrained by real limits.

Putting decision-making power in the employees' hands can keep a local economy going in tough times, and create stable jobs that are far less likely to disappear in times …

Bill Black: Slate magazine says that President Obama wants a Grand Bargain on budget cuts he can call his legacy - but it will be a Grand Betrayal that …