Economy
A Voice for Workers at the Federal Reserve
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.
Why Elizabeth Warren's 'Middle Class Prosperity Project' Matters
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?
Why We’re All Becoming Independent Contractors
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.
Misfortune 500: How One Economist Exposed a Dirty Corporate Secret
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 That Young Americans Are Getting a Raw Deal
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.
Why We Must Oppose The Coming Fed Interest Rate Hike [Video]
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.
How Trade Deals Boost the Top 1% and Bust the Rest
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.
Fifty Shades of Austerity: The Germans, The Greeks, and the GOP
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 Is Scary. The GOP's Economic Agenda Is A Nightmare.
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.
Obama's Right: Shame On Staples. Shame On The Republican House, Too.
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.