Trump Tariffs and Stagflation: Why TACO is the Least Bad Option
The first obvious step right now for fighting stagflation is for Trump to dump his tariff policies.
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Our Triple Jobs Problem
If you hear somebody talking about the U.S. "jobs problem," ask them which one they mean. Let&
Unemployment Is Down, So What's the Problem?
The "headline" unemployment rate, or U-3 by its Bureau of Labor Statistics (BLS) designation, has declined from a
The Big Lie About the "Entitlement State"
In 1960, government transfers to individuals totaled $24 billion. By 2010, that total was 100 times as large. Even after
The 99%, the 1%, and Class Struggle
Between 1979 and 2007, the income share of the top 1% of U.S. households (by income rank) more than
Why Is Unemployment Still So High
If the recession is supposedly over, why is there still so much unemployment? Overall demand (in the U.S. economy
Same Output + Fewer Hours = Economic Crisis?
Today's economic crisis is less about the quantity of output than the distribution of income and leisure.
That ’70s Crisis
What can the crisis of U.S. capitalism in the 1970s teach us about the current crisis and its possible outcomes?
Milton Friedman's "Chilean Miracle"
The death last November of Milton Friedman, one of the best known and most influential conservative economists of the 20th
Ruling the Empire
U.S. elites mean to prevent anyone, anywhere, from ever challenging the preeminence of American imperial power. Just ask them.
It All Depends on Who You Rob
Considering all the stories of corporate treachery that have made headlines over the last year, you would think that accusations
Nobel Prize Winner Tweaks Free Marketeers
Last October, Amartya Sen, a leading authority on hunger and an unrelenting advocate for the most deprived, won the rare