Job Prospects Take a Turn for the Worse
The Labor Department’s job figures for June brought unalloyed bad news: the job market has stalled. And as Republican…
The Labor Department’s job figures for June brought unalloyed bad news: the job market has stalled. And as Republican…
Intern Nation: How to Earn Nothing and Learn Little in the Brave New Economy Ross Perlin Verso, 2011 About…
Welcome to the Grand Illusion: Why a ‘Free Market’ Society Leads to Mass Incarceration
The Illusion of Free Markets: Punishment and the Myth of Natural Order Bernard Harcourt Harvard University Press, 2011 Those…
How To Create Crisis: Build An Economy on the Greed of the Rich
A recent report by the International Monetary Fund destroys the myth that the current economic crisis—the worst in almost…
Government Wants Volunteers to Make Up for Massive Public Service Cuts, in UK’s Austerity Plan
When Margaret Thatcher was prime minister of Great Britain in the 1980s, she famously stated there was “no such…
Bonuses for Bankers, Bankruptcy for Public Services
So, now we know about the $15bn-plus 2010 pay package for Goldman Sachs partners and employees. The top rungs…
The United States of Austerity
During the recent economic crisis, local government finances have taken an epic battering. The financial condition in our 50…
Like We Said, It’s a Global Slump
I have never accepted the postmodernist contention that contemporary capitalism is all about smoke and mirrors. The notion that…
Blame the Billionaires, Not Government Workers
Turns out that the bankers who scored trillions of dollars in government bailout money aren’t responsible for the federal…
How Many Economists Does it Take to See an $8 Trillion Housing Bubble?
The answer to that question has to be many more economists than we have in the United States. Very…