by Richard Eskow | Apr 24, 2014 | Blog, Economy
When a product sells phenomenally well, as Thomas Piketty's new book is currently doing, popular economic theory says that means one of two things: either it’s filling a substantial unmet demand, or the product is exceptionally well executed. In the case of "Capital...
by Sam Pizzigati | Apr 23, 2014 | Blog
The sky, we all learn as children, is not falling — and never falls. Only silly Chicken Littles prattle about “precipitous collapses.” Only silly Chicken Littles, apparently, and applied mathematicians. One of those mathematicians, the University of Maryland’s Safa...
by Isaiah J. Poole | Apr 23, 2014 | Blog, Populist Majority, Progressive Vision, The New Populism
There is new evidence of the high price working-class people are paying because of the stranglehold conservatives have on our economy that should embolden Democratic candidates to offer bolder, progressive populist prescriptions for addressing income inequality and...
by Dave Johnson | Apr 22, 2014 | Blog, Climate
It's Earth Day and the Environmental Protection Agency (EPA) is readying new greenhouse gas emissions rules for power plants, with the draft expected June 1. Forty-one percent of U.S. greenhouse gas emissions come from power plants. Nearly half of that comes from just...
by Leo Gerard | Apr 22, 2014 | Blog
Republicans in America suffer a crippling anxiety. It’s the terrible fear of corporations paying poor workers too much. The GOP is so afraid that the nation’s lowest wage earners will get a raise that Republican politicians across the country are working overtime to...
by Dave Johnson | Apr 22, 2014 | Blog, Trade, Trans-Pacific Partnership
The New York Times editorial board finally gets it right about trade in its Sunday editorial, "This Time, Get Global Trade Right." Some excerpts: Many Americans have watched their neighbors lose good-paying jobs as their employers sent their livelihoods to China. Over...
