While there is an enormous amount of political debate over various imaginary job killers, the Federal Reserve Board is openly mapping out an actual job-killing strategy and drawing almost no attention at all for it.
Voters are less familiar with—or think less about—the many government programs that the rich and powerful use to warp markets in their favor. Let us count the ways.
The Federal Reserve Board is deciding when to raise interest rates. Its decisions will decide if millions of Americans get jobs or pink slips, whether wages rise or stagnate. Workers need a voice in those deliberations.
Could this project, using Warren's distinctive voice, help progressives present a bold alternative not only to destructive conservative policies but the Band-Aids and incremental measures of mainstream Democrats?
The rise of “independent contractors” Is the most significant legal trend in the American workforce – contributing directly to low pay, irregular hours, and job insecurity.
Economist William Lazonick is said to have "decoded the Rosetta Stone of America's economic decline" with his research on income inequality. Now he's predicting that things will get worse.
Three signs add up to one stark reality: A nation that prides itself on being the land of opportunity is closing the avenues of advancement for an entire generation. Change will come only if we take action.
Economist Dean Baker explains the reasoning behind the effort to get organizations to endorse a petition calling on the Fed to back away from an interest rate hike that could drive up unemployment.
I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains. The fact is, trade agreements are no longer really about trade.
Like Germany, the United States has its own austerity cult. For these cultists, as for the characters in our nation's newest hit movie, pain seems to have become an end unto itself.
The Christian right has a history of fanaticism extremism, and folly. Since the Reagan era, politicians have deployed these tendencies to appeal to the sensibilities and loyalties of ordinary Americans while picking their pockets.
Corporations like Staples want an “Easy” button to get out of being responsible for providing their workers with health insurance. Republicans are trying to give them one.
Silicon Valley companies dodge taxes, and use some of the money to build luxurious, private bus lines for their employees. The rest of us are, literally, stuck with the result of these companies' tax scams.
Sometimes, CEOs don’t fight failure. They bet on it. Now the Securities and Exchange Commission is finally moving, ever so slightly, against wagers that reward CEOs when their companies fail.
Sen. Bernie Sanders asked Federal Reserve chair Janet Yellen to explain her inaction and the Fed’s silence on Greece’s stand against austerity. The stakes are too high for the U.S. to let Greece go it alone.
For years people have been running around Washington yelling that the United States was at risk of becoming Greece. There may actually be a basis for such concerns, but not for the reason usually given.
The Institute for New Economic Thinking shows how without a dramatic shift in policy, we'll be divided into a small minority with fabulous wealth and a permanent underclass with few hopes or prospects.
The following things would employ tons of people, and bring a long-term economic return far above any “cost.” Why don't we do them? Because the status quo benefits a few extremely wealthy people.
If we want to grow the overall economy, if we want to create jobs, we have to put money into the hands of working people. We do not do that by imposing more austerity on people who already desperately are hurting.
Every day brings more headlines in the European debt drama. What's behind it? What does the future hold? Are there any implications for the United States? Here's an overview of the situation as it currently stands.
The website Capital & Main launches a month-long expose on how rampant inequality in California is leaving nearly everyone behind. The series hopes to inform the national progressive movement for economic reform.
We've accepted the downsizing of government without a struggle, and that needs to change. That means reclaiming the voice and spirit of an independent left, without fear or apology.
Workers were the victims of austerity’s slashed public services, wages and jobs. Those demanding austerity – the 1 percent - and those imposing it - conservative politicians - escaped its bitter effects with shields of cash.
Can we trust Oxfam’s latest dramatic numbers on global inequality? Two of the world’s top policy wonks don't think we should. But their pushback is getting pushback aplenty.
This year's budget battle is important because it gives progressives an opportunity to explain why austerity economics is a failure -- and to offer something better in its place.
The super-rich are getting ready to run away from the mess they’ve helped create. But instead of holding off the barbarians at the gates, they are the barbarians.
This budget pushes the country back toward sanity and has many steps in the right direction. But there is still a long way to go.
The president's budget will trigger a new battle over America's direction. It contains many sensible proposals. But hidden in it is the next corporate sting: a massive tax break for multinationals. Here is how the rules get rigged.
Presidential aspirants in both parties are talking about saving the middle class. But the middle class can’t be saved unless Wall Street is tamed. The Street’s excesses pose a continuing danger to average Americans.
McDonald’s is scrambling, and I’m not talking about eggs. Its McManagers illegally reduced the hours (and therefore the pay) of hundreds of those who joined the “Fight For 15″ campaign.
After five years of protests, demonstrations, and strikes, Greek citizens voted to throw off five years of austerity. Their victory has emboldened populists across Europe and should inspire Americans to resist austerity here at home.
President Obama's middle-class economics will be a hard sell. That’s because Americans have been force-fed that voodoo, greed-is-good, grovel-before-the-rich, trickle-down financial philosophy for so very long.
I will soon be introducing legislation for a $1 trillion investment to modernize our country's physical infrastructure. This bill will create and maintain 13 million good-paying jobs.
The House Democratic Party leadership made a remarkable step forward last week in putting out a proposal for a financial transactions tax. There should be no mistake; this is a really big deal for the financial industry.
A "blue-ribbon panel report" on our grand economic divide never gets around to recognizing that in order to save our democracy, we need to contemplate our plutocracy.
The House adopted a new rule requiring lawmakers to take long-term macroeconomic effects into consideration when voting on tax and spending bills. This "dynamic scoring" has little to do with the way the economy actually works.
What I could not even have imagined in the 1990s is that EVERY four-year period from 1985 until today has seen federal and household debt soar by more than the total nominal growth in GDP.
Hardly a week goes by in Washington without some a conference on inequality. Most of the discussion assumes that inequality is something that happened. Inequality is something that was done.
The AFL-CIO launched a campaign last week to wrench worker wages out of the muck and push them up.
Knowing my enthusiasm for the Green Bay Packers, a friend emailed me following yesterday's win to say: "It's always nice when a collectively-owned team beats one owned by a greedy mega-capitalist, who's beloved by Chris Christie."