All Articles on Economy

Hundreds of people who lost jobs when the freeze hit California Jan. 12-14, 2007, lined up at state Unemployment Development Department offices, including the office in the border city of Calexico, to register for the Disaster Unemployment Assistance program funded by FEMA. (Photo: Michael Raphael / Wikimedia Creative Commons) Views
The Full Employment Route to Poverty Reduction
Efforts to alleviate poverty are often seen as being separate from the debate on overall economic policy, with the former involving a distinct set of issues that only marginally overlap with the latter. This is unfortunate, since the health of the economy, and specifically the level of unemployment...
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'A Good Day for Billionaires,' a Bad Day for Student Loan Borrowers
Senate Republicans block Sen. Warren's student loan refinancing legislation
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MPs in the European Parliament rally in 2012. The anti-fracking sentiment is strong and growing in Europe, but that's not stopping a secretive trade deal between the U.S. and EU that would open the floodgates for shale gas. (Credit: flickr / cc / greensefa) Views
Trans-Atlantic Trade Deal a Field Day for Fracking
U.S. and EU negotiators recently began a new round of negotiations on the Transatlantic Free Trade Agreement. Because the talks are happening behind closed doors, the public is left largely in the dark about the nature of the discussions over a deal also known as the Transatlantic Trade and...
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Photo: Thomas Hawk/cc/flickr Views
Fossil Fuels' 'Easy Money' and the Need for a New Economic System
Energy giant Kinder Morgan was recently called insensitive for pointing out that “Pipeline spills can have both positive and negative effects on local and regional economies, both in the short- and long-term.” The company wants to triple its shipping capacity from the Alberta tar sands to Burnaby,...
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Austerity and the Employment Rate
In 2010, after an initial round of coordinated stimulus from both wealthy and developing countries, deficit hawks around the world regrouped. Pointing to growing deficits and debt, they demanded that countries reverse course and begin moving toward balanced budgets. The deficit hawks argued that...
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(Credit: Flickr / cc / Sea Turtle) Views
Minimum Wage Support Grows
During a recent talk at Northwestern's Kellogg School of Management, McDonald's CEO Don Thompson indicated his support for legislation in Congress to raise the federal minimum wage. "I will tell you we will support legislation that moves forward," he said. Later in the talk, Mr. Thompson continued...
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What Frightens The Right Should Empower Progressives
If you ever doubt the powers of the past, just consider how much the Right fears them. It is a fear that drives them to continuously try to control the past and our memory of it: They try to deny history. They try to manipulate it. They try to suppress it. Indeed, when necessary and possible, they...
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(Photo via Flickr / jpellgen/ Creative Commons license) Views
The Many Pipelines that Pump Our Wealth Up
Wage squeezes, share buybacks, and tax subsidies, three new progressive think tank studies show, are all combining to keep America’s high and mighty ever higher and mightier.
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(Photo: cogdogblog, flickr creative commons) Views
Global Justice, Sustainability and the Sharing Economy
If the sharing economy movement is to play a role in shifting society away from the dominant economic paradigm, it will have to get political. And this means guarding against the co-optation of sharing by the corporate sector, while joining forces with a much larger body of activists that have long...
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Cleanup at the Hanford Nuclear Reservation is billions over budget. (Image: Wikimedia) Views
Corporate Contractors’ Heavy Burdens on Taxpayers
Next time you hear federal officials say that there is no money to repair or build necessary public facilities in your community, ask them why there always seems to be money to greatly overpay for government projects that are routinely outsourced to corporate contractors. It is important to...
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