public debt

The Economics of the 1%

February 12, 2014
John Weeks: A fundamental misconception of neoliberal economics is that governments need to balance their budgets like a household

Brazil Protests

July 17, 2013
The PT government has tried to please the financial elites and gradually reduce poverty, but with public services in crisis, right-wing parties are attempting to use the public’s discontent to their advantage

Crisis in the Eurozone

July 3, 2013
President Silva’s austerity policies made Portugal a darling of the troika, but highly unpopular at home

Investing in Schools Creates More Than Twice as Many Jobs as Military Spending

June 6, 2013

Bob Pollin: Education spending is the best job creator – so why are local and state governments firing teachers and closing schools?

Taxing Corporate Profits will Force Investment

May 6, 2013
Dr. Heiner Flassbeck: Government has to step in and correct the imbalances of low wages and unregulated financial markets or a deeper recession and crisis is inevitable

GOP Austerity Enriches Billionaires at Workers’ Expense

May 1, 2013

Jeff Faux: Consumers are between 65 and 70 percent of the economy and they are most affected by the recession. Business is not spending, because consumers aren’t spending – cuts to government budgets won’t change this basic fact

Who Benefits from Austerity?

April 17, 2013
New study refutes Reinhart and Rogoff analysis that underpins austerity policy around the world; shows no relation between debt and lack of growth

Israel and US Strategic Interests

March 25, 2013
Phyllis Bennis: President Obama recognizes injustice and need for two states but does nothing to pressure Netanyahu to make concessions to Palestinians

Forbes Billionaires List Growing

March 17, 2013

James Henry: US still leads as many new billionaires emerging in China and Russia; corporate profits at record levels – as austerity hits and unemployment remains high