recession

Reality Asserts Itself - Rana Foroohar

May 9, 2018
On Reality Asserts Itself, Ms. Foroohar says the legalization of stock buybacks in 1982 allowed companies like Apple to now spend only 15% of their investments on R&D, while the majority is spent on market manipulation; the Financial Times columnist and author of “Makers and Takers” says the move from traditional pensions to 401k’s makes everyone feel they benefit from finance, when the vast majority of profits go to the elites and most people’s living standards deteriorate – with host Paul Jay

IMF Says 2018 Economic Outlook is Rosy, But Austerity is Still Good

April 19, 2018

The IMF just released a positive World Economic Outlook report for 2018. Still, in order to make sure that the outlook remains good, the IMF makes recommendation that would lead to recession, says CEPR’s Mark Weisbrot

The Rise and Fall of the Stock Market: What to Expect

February 8, 2018

Economist Dean Baker says that after such a sharp run-up in stock prices, “it really shouldn’t be a surprise to anyone that you’re going to see some downturn in the market”

UK Household Debt has Reached Unsustainable Levels

October 8, 2017

Consumer and student debt in the UK have reached unprecedented levels and are a warning that austerity could lead to a new financial crisis, explains Edward Smythe of Positive Money

Economic ‘Recovery’ Feels Weak Because the Great Recession Hasn’t Really Ended

October 7, 2016

The IMF foretells of vulnerable banks in US and EU while enabling unsustainable debt-leveraging, says economist Michael Hudson

Europe

August 29, 2016
No nations in the European Union are experiencing a recovery, says economist Heiner Flassbeck

Deconstructing Fed Vice Chair’s Grim Economic Forecast

August 13, 2014

PERI co-director Gerald Epstein discusses how Fed vice chair Stanley Fischer has ignored real solutions to improve the economy, like increasing wages

Why Did Economy Shrink So Dramatically During the First Quarter of 2014?

June 26, 2014

Robert Pollin: Five years after the Great Recession, austerity as the dominant policy agenda is keeping the recovery weak