Economy

Economic Update: U.S. "Sugar Arrangements" Industry

Economic Update: U.S. “Sugar Arrangements” Industry

November 9, 2018

This week: Updates on latest foreign and U.S. elections; the CEA document against socialism; growing inequality of billionaires’ wealth; army represses report on costs and errors of Iraq war; and expose of Maine’s subsidy for corporations by helping indebted students; Dr. Harriet Fraad on the US “Sugar Arrangements” industry.

Unfair Global Tax System Makes Sustainable Development Impossible

Unfair Global Tax System Makes Sustainable Development Impossible

November 4, 2018

The sustainable development goals set by the UN are not sustainable if African governments are not able to secure tax revenue because global corporations hide their taxes in tax havens, says PERI’s Leonce Ndikumana

Economic Update: Virginia Elects a Socialist

Economic Update: Virginia Elects a Socialist

October 29, 2018

This week: Updates on the long term costs on the political economy of the “Trump/GOP” attacks on China; the parallel analysis of increased attacks on immigrants; Michelle Alexander on “The Resistance” today; why record funds are pouring into the U.S. midterm elections; interview with Mr. Lee Carter — a socialist who was recently elected to…

How  Local Taxes Fuel America's Income Inequality Machine

How  Local Taxes Fuel America’s Income Inequality Machine

October 29, 2018

A new report shows that the poorest Americans pay a much larger proportion of their income in state and local taxes than the the wealthy

Former Fed Chair Paul Volcker Warns About US Becoming a Plutocracy

Former Fed Chair Paul Volcker Warns About US Becoming a Plutocracy

October 23, 2018

Paul Volcker had a historic role in shaping the US economy over several decades, but increasingly he has been warning about an out of control financial sector that is dominating US society. Former financial regulator Bill Black discusses Volcker’s views

Millionaires Group Says Unfair Tax System Undermines Democracy

Millionaires Group Says Unfair Tax System Undermines Democracy

October 23, 2018

Patriotic Millionaires Chairman Morris Pearl says decades of Republican efforts to make the tax system less fair could lead to a dystopian future of concentrated wealth and ineffectual democratic institutions

Economic Update: A Deepening Crisis of Capitalism

Economic Update: A Deepening Crisis of Capitalism

October 22, 2018

This week: Updates on the IMF’s prediction of slowing global growth; Bank of England warnings on accumulation of sub-prime debt; Nordhaus Nobel prize and market ideology; Dutch unions and others against corporate tax evasion; signs of labor militancy in Marriott strike and profit-sharing demands of steelworkers; interview with Chris Hedges on his latest book: America:…

US Unemployment Rate Hits 50-Year Low: What Does the Number Reveal and Conceal?

US Unemployment Rate Hits 50-Year Low: What Does the Number Reveal and Conceal?

October 15, 2018

September’s unemployment rate dropped to a 50-year low, but what is behind this statistic, how does it affect ordinary citizens, and can Trump take credit for the drop? We discuss these questions with PERI’s Gerald Epstein

Economic Update: Black Socialists of America

Economic Update: Black Socialists of America

October 7, 2018

This week: Chicago hotel workers strike; Philadelphia parking lot attendants organizing; Cuomo’s centrist, money-dependent campaign for Governor; another socialist wins an election; McDonald’s workers strike in 10 cities against employer’s failure to stop sexual harassment; interview with Z and Sean, two leaders of the new Black Socialists of America

Contrary to Popular Belief, IMF Continues to Push Neoliberalism on Countries' Agricultural Policies

Contrary to Popular Belief, IMF Continues to Push Neoliberalism on Countries’ Agricultural Policies

October 7, 2018

Economics Prof. Lawrence King discusses the new PERI report on loan conditionalities that the IMF imposes when it provides loans and that interfere with food production and encroach on the sovereignty of states battling poverty