Marshall Auerback

Marshall Auerback

Marshall Auerback is Market practitioner/analyst, Research Associate at the Levy Economics Institute of Bard College.

Articles by this author

Policymakers must also embrace fiscal initiatives that reorient policy away from demand-side trickle-down measures and toward a bottom-up approach that is based on employment and reducing inequality. (Photo: NoHoDamon/Flickr/cc) Views
Wednesday, September 26, 2018
One of Global Finance's Biggest Doctors Warns: The World Economy Is About to Get Very Sick
When Claudio Borio speaks, the big bankers and investors, the economics profession, and senior policymakers listen quite carefully—even if his sentiments don’t reach the shores of the popular media. Borio, the chief economist for the Bank for International Settlements (BIS), the central bankers’...
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Saturday, September 22, 2018
Does the U.S. Have the Ingredients to Win a Trade War?
Contrary to what President Trump thinks, trade wars are neither good, nor easy to win. But ultimately, as in any war, there are winners and losers. In that respect, the U.S. president is probably right in his implicit assumption that the U.S., not China, is likely to come out ahead in its steadily...
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Offshoring and the increasing militarization of the American economy, then, have rendered reforms of the kind introduced by NAFTA almost moot. (Photo: PeoplesWorld/cc/flickr) Views
Thursday, August 30, 2018
Trump’s NAFTA Deal Simply Can’t Solve America’s Manufacturing Problems
President Trump and his Mexican counterpart, Enrique Peña Nieto, recently announced resolution of major sticking points that have held up the overall renegotiation of the NAFTA Treaty (or whatever new name Trump confers on the expected trilateral agreement). At first glance, there are some marginal...
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No top bankers were ever 'held accountable for the biggest financial crisis since the Great Depression… No one.'(Photo: Jens Schott Knudsen/Flickr/cc) Views
Wednesday, August 29, 2018
The Failure to Punish White-Collar Crime After the 2008 Financial Crisis Helped Produce President Donald Trump
In the aftermath of the worst financial crisis since the Great Depression, bank officials at HSBC admitted to the Department of Justice that the bank violated the Bank Secrecy Act, the International Emergency Economic Powers Act and the Trading with the Enemy Act. This amounted to one of the...
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