Truthout
Economy
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Why the Housing Recovery is Nearly Homeowner-Less
Low-interest rates by the Fed are causing investors to purchase foreclosed homes in blocks of hundreds.
Economic Update: Contending Economic Theories
Trying a new format, we use the full hour to examine the two basic kinds of economic theory mostly widely used now to understand economic issues.
On the News With Thom Hartmann: Decriminalization of Marijuana Possession Is one of New York Governor’s Top Legislative Priorities, and More
New York Governor Andrew Cuomo said that decriminalization of marijuana possession is one of his top legislative priorities
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How We Can All Make Money Like the Billionaires
From Wall Street to Big Oil to the for-profit health insurance industry, business decisions are geared to increase the wealth of shareholders.
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When Democracy Is Trumped by the Excesses of Capitalism
Richard Wolff makes the compelling argument that modern capitalism has undermined democracy, replacing it with a plutocracy.
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The Foundation of a New Democratic Economy Is Worker Self-Directed Enterprises
Economic democracy can unleash innovation at the workplace and in politics.
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TARP Is Over, but the Bailouts Will Continue Until the Big Banks Are Broken Up – and Washington Knows It
The biggest banks keep getting bigger because they can borrow more cheaply than smaller banks.
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Reading for a New Economy: Two New Books Tackle Cures for Global Crisis
Richard Wolff and Robin Hahnel promote a democratic path forward to healing the economy.
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Paul Krugman for Treasury Secretary
Dean Baker: The problem is the fact that there is no way on earth that Mr. Obama would select Paul Krugman for Treasury Secretary.
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As Another Confrontation Looms, Will Obama Stand His Ground?
Paul Krugman: If Mr. Obama stands his ground in the debt ceiling confrontation, the fiscal cliff deal wonu2019t look bad in retrospect.