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Economy


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

Trump Considering Man Who Rigged the Economy for Treasury Secretary
Rob Johnson tells Paul Jay that you can't say you're fighting against the 'rigged' economy and then hire someone who helped rig it

  November 22, 2016

How Taxes Were Shifted off the Donald Trumps of the World and onto Homeowners
Economist Michael Hudson, author of 'J is For Junk Economics, explains how the rising prices of homes came at a great cost to the middle and work classes

  November 21, 2016

Universal Basic Income: A Solution to Inequality, Economic Instability, and Climate Change
A guaranteed monthly income can be fully funded through charges on carbon emissions, financial market transactions, and extractive practices, says PERI's James K. Boyce

  November 21, 2016

Michael Hudson: Donald Trump Wants to Make the 1% Even Richer
Economist Michael Hudson explains how economic terms like capital gains are deployed to mislead the public about who is benefiting from economic policy and where wealth is going

  November 18, 2016

Michael Hudson on the Orwellian Turn in Contemporary Economics
Economist Michael Hudson sits down with Sharmini Peries to talk about the elections and his new book 'J is for Junk Economics'

  November 17, 2016

The Economic Consequences of a Trump Presidency
Economist Heiner Flassbeck says the worst way to pursue public spending would be through the failed model of public-private partnerships

  November 16, 2016

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