Issue 305: March/April 2013

New York City Nurses Confront an Austerity Avalanche

Medicaid cuts are being used to push austerity in hospitals’ contract negotiations with nurses, even as some hospitals dabble in financial speculation and their CEOs rake in millions.

Click here for a larger version of our cover,
which is a parody of this recent Businessweek cover.

P3 Push in El Salvador

By Hilary Goodfriend

In the face of aggressive U.S. pressure to pass a privatization law, Salvadoran workers seek international solidarity. Read more »
Whose Housing Recovery?

By Darwin Bondgraham

Big-money investors snap up tens of thousands of foreclosed homes for rental income and speculation. Read more »
What Runaway Spending?

By Gerald Friedman

Federal spending as a share of GDP has declined sharply. The real cause of the deficit is declining revenue due to tax cuts and recession. Read more »
Beyond Deficit Scare-Mongering

By Ellen Frank

From the fiscal cliff to the sequester to the debt-ceiling, conservatives’ real aim in their fiscal brinkmanship is to gut Social Security and Medicare. Read more »
Thought and Devotion

By Richard Wolff

Steve Resnick directed his twin passions of economic theory and econometrics toward the goals of social change and mastery of Marxian economics. Read more »