Economy

Massachusetts First to Sue Equifax Over Massive Hack

September 20, 2017

Several government agencies and at least 34 state attorneys general have opened investigations into the Equifax data-breach scandal–which is ‘the gift that keeps on giving,’ says white-collar criminologist Bill Black

Hosting Amazon’s New Headquarters: Burden or Benefit?

September 15, 2017

Cities across the U.S. are in a bidding war to host Amazon’s $5 billion investment, but Seattle journalist Richard Silverstein cautions that having Amazon as a neighbor isn’t a ‘honeymoon romance’

Equifax Data Breach is a 10 out of 10 Scandal

September 8, 2017

The hacking of consumer credit reporting giant Equifax, and the company’s ‘cynical’ handling of it, is a far-reaching disaster that borders on criminal, says financial regulation expert Bill Black

Amazon-Whole Foods Price Cuts Could Have A Short Shelf Life

August 29, 2017

Food and Water Watch’s Patrick Woodall says that the incredible wave of mega-mergers in recent years shows that “regulators have been asleep at the switch”

Social Security A Success Story: Can It Withstand Republican Privatization Attacks?

August 24, 2017

Republicans continue to launch efforts to privatize and dismantle the very efficient Social Security program says economist Dean Baker

Intellectual Property Rights Protect Massive Profits of Corporations

August 17, 2017

We need to debate and revise the intellectual property rights regime, which is not only dysfunctional for us, but especially for developing countries, says Dean Baker, co-director of CEPR

Stock Market Boom is Bad News for Wages

August 10, 2017

The record-setting stock market is likely rooted in forecasts that corporate profits will grow at the expense of workers’ wages, says economist and “Rigged” author Dean Baker

If Yellen is Out, What’s Next for the Fed?

July 15, 2017

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

Trump Budget: Foundation for Great American Misery

May 24, 2017

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

5 Types of Bullsh*t Jobs with David Graeber

May 9, 2017

INTERVIEWER: Ranjan Balakumaran

Profits Can be Made from Catastrophes With Disaster Capitalism

April 20, 2017

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

Corporate Tax Reform Is Needed, But Not Trump’s Proposal

April 13, 2017

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

Fed Inflation Target Keeping Wages Low, People Out of Jobs

March 23, 2017

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

What is Capitalism & Socialism? What Differentiates Them from Each Other?

March 18, 2017

Part 1 of an interview with Richard D. Wolff, Marxist economist and founder of Democracy at Work – acTVism.org

Trump’s Big Lie: Blaming Undocumented Immigrants for Unemployment and Low Wages

February 28, 2017

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

Trump’s Job Promises are Fiction – Free Trade is Fiction, Too

February 21, 2017

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

IMF Lent to Greece Knowing It Could Never Pay Back Debt

February 17, 2017

There’s a real need for international debtor rights, says economist Michael Hudson

Mountains of Uninvested Corporate Cash, Not Mexico, Most Responsible for Job Loss

July 27, 2016

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