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Economy


If Yellen is Out, What's Next for the Fed?
During her testimony to Congress, Federal Reserve Chair Janet Yellen dodged a question about whether she would accept a second term in office--but it's unlikely that President Trump will re-appoint her, says Gerald Epstein, co-director of Political Economy Research Institute

  July 15, 2017

Trump Budget: Foundation for Great American Misery
Every time we move money out of education or building a green economy and move it into the military we are losing jobs for every dollar we spend, says Prof. Robert Pollin of the Political Economy Research Institute

  May 24, 2017

5 Types of Bullsh*t Jobs with David Graeber
David Graeber talks bullshit jobs and the concept of work under capitalism with Real Media and the Real News Network.

  May 9, 2017

UN Panel Strives to Improve Access to Medicines
We are not against intellectual property protection, but we want to see that health prevails when there is a conflict, explains legendary Brazilian Ambassador Celso Amorim in discussing recommendations of the UN High Level Panel on Access to Medicines

  April 27, 2017

Profits Can be Made from Catastrophes With Disaster Capitalism
Antony Loewenstein, author of Disaster Capitalism: Making a Killing Out of Catastrophe, says companies that make profits from disasters around the world also have a vested interest in maintaining these disasters

  April 20, 2017

Corporate Tax Reform Is Needed, But Not Trump's Proposal
Dean Baker of CEPR argues that a better corporate tax reform would be to have the government hold a portion of corporations' shares and earn their dividends instead of taxing them

  April 13, 2017

Fed Inflation Target Keeping Wages Low, People Out of Jobs
CEPR co-founder Dean Baker says there are good reasons for thinking that we still are far from full employment, needlessly slowing the economy and keeping people from getting jobs

  March 23, 2017

What is Capitalism & Socialism? What Differentiates Them from Each Other?
Part 1 of an interview with Richard D. Wolff, Marxist economist and founder of Democracy at Work - acTVism.org

  March 18, 2017

How to Understand Globalization: Not Nations, But Class
We must adopt a class-based analysis of globalization in order to attack the multilateral system that is producing inequality, advises South Centre Chief Economist Yilmaz Akyuz

  March 15, 2017

Trump's Big Lie: Blaming Undocumented Immigrants for Unemployment and Low Wages
Economist Robert Pollin tells Paul Jay undocumented immigrants help create more jobs than they take and Trump's infrastructure plan and military spending is unsustainable when combined with tax cuts

  February 28, 2017

Mountains of Uninvested Corporate Cash, Not Mexico, Most Responsible for Job Loss
Heiner Flassbeck tells Paul Jay that unspent and uninvested wealth held by the elites is a bigger drag on employment than free trade with Mexico

  July 27, 2016

Trump's Job Promises are Fiction - Free Trade is Fiction, Too
Economist Heiner Flassbeck tells Paul Jay that neither a high tariff wall or neo-liberal free-trade will provide jobs and higher wages - but there are policies that will

  February 21, 2017

IMF Lent to Greece Knowing It Could Never Pay Back Debt
There's a real need for international debtor rights, says economist Michael Hudson

  February 17, 2017

Trump's Tax Returns Key to Clarifying Russian Connections
Economist James Henry explains why we should take Deutschebank's findings about Trump's assets with a grain of salt

  February 17, 2017

Upward Distribution of Wage Income Behind Social Security's Shortfall
CEPR's Dean Baker says Republicans often omit the role of stagnant wage growth in the discussion around the growing deficit in this social insurance program

  February 16, 2017

Why Rolling Back Dodd-Frank Won't Benefit Small Businesses
Wall Street is sitting on billions - instead of giving loans to those who need it, the banks use it for speculation and CEO bonuses, says PERI co-director Gerald Epstein

  February 3, 2017

US Fines Deutsche Bank to the Applause of Shareholders
The fines for mortgage fraud had to be low so as not to endanger the viability of Deutsche Bank or Credit Suisse - but now it's not a real punishment, says economist John Weeks

  December 26, 2016

Billionaire 'King of Bankruptcies' to Head Commerce Under Trump
Despite promises to 'drain the swamp,' Trump chose a man for Deputy Secretary of Commerce who enriched himself at expense of labor and consumers and shipped jobs overseas, says University of Missouri-Kansas City professor Bill Black

  December 1, 2016

Trump Picks Ex-Goldman Banker Known as 'King of Foreclosures' to Head Treasury
The joke's on you if you thought Trump was going to do anything less than deregulate Wall Street, says former financial regulator Bill Black

  December 1, 2016

Can Trump's Gangster Capitalism Manage the Global Economy?
Leo Panitch and Paul Jay discuss what the consequences of Trump's plans to deregulate Wall St., reduce taxes, create an infrastructure boondoggle, attack unions and foreign policy adventures will have on the global economy

  November 28, 2016

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