Economy

(Image: CartoonArts International / The New York Times Syndicate)When David Cameron became prime minister of Britain and announced his austerity plans — buying completely into both the confidence fairy …

Last Friday, May 4, the U.S. labor department released its jobs numbers for April, confirming a prediction made by this writer this past winter that employment creation would once …

Berlin - In the volatile aftermath of raucous elections, which nearly destroyed the political establishment in Greece and ended 17 years of conservative reign in France, the emphasis across …

Washington, D.C. - Economic austerity is a dangerous, self-defeating intellectual fad. Perhaps I should say that's what it was, given Sunday's election results in Europe. Perhaps I should also …

Athens - Election advertisements for Greece’s far-right Golden Dawn party called for “taking the dirt out of the country,” “cleaning up Athens” and planting landmines along the borders to …

In a world where governments are increasingly subservient to global finance capital, multinationals are gaining ground in the fight against state regulations that aim to protect the environment, public …

Maybe you thought the lowest possible point of Republican miserliness was reached when Ronald Reagan's Secretary of Agriculture proposed that ketchup be counted as a vegetable in the school …

Rep. Paul Ryan (R-Wisconsin), center, House Budget Committee chairman, at a news conference on Capitol Hill in Washington, March 29, 2012. (Photo: Luke Sharrett / The New York Times) …

Washington -  Almost four years after America’s financial near-collapse, regulators are now empowered to police financial markets as never before. Yet some of the most important rules to curb …

This book wasn’t yet published when the Occupy Wall Street protests got under way, but The Restructuring of Capitalism in Our Time provides a solid foundation for that movement’s critique of …