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.
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Bob Sutcliffe – In Memoriam
By Arthur MacEwan Bob Sutcliffe, who died at age 80 on December 23, was an influential socialist economist over several
Dear Dr. Dollar: Are Taxes the Best Way of Dealing with Inequality?
What steps can we take to reduce extreme economic inequality? Are taxes on the rich, on their income and their wealth, the best option? --Anonymous, via e-mail
Dear Dr. Dollar: With Foreign Trade, Are Progressives and Trump on the Same Page?
Progressives opposed the Trans-Pacific Partnership (TPP) and the North American Free Trade Agreement (NAFTA). President Donald Trump stopped U.S. engagement in the TPP and redid NAFTA. Similarly, progressives--or at least many progressives--have argued that trade arrangements between the United Stat
Dear Dr. Dollar: Why Has the U.S. Economy Been Doing So Well?
Why has the U.S. economy been doing so well? --Anonymous, via email
Dear Dr. Dollar: Does U.S. Prosperity Depend on Exploitation?
I regularly hear the claim that U.S. prosperity *depends* on exploiting poorer countries, but I have never once seen an actual argument for it. What is the support for this claim? --Ryan Cooper,
Dear Dr. Dollar: Why Is the Fed Raising Interest Rates?
Why is the Federal Reserve raising interest rates? What's the impact?????????????????--Anonymous, via email
Dear Dr. Dollar: Is Economic Growth Environmentally Sustainable?
I keep hearing progressive economists talking about environmental sustainability, in particular in the context of the looming catastrophe of global
Dear Dr. Dollar: What Is U.S. Workers' Share of National Income?
How well do U.S workers fare in relation to workers in other countries when you compare workers' shares of national income? --Martin Voelker, Golden, Colo.
Dear Dr. Dollar: Will Artificial Intelligence Mean Massive Job Loss?
What's the story with artificial intelligence and jobs? Will the application of robotics to production really lead to massive unemployment? --Anonymous, via email
Dear Dr. Dollar: Are We Stuck in a Period of Economic Stagnation?
Is it really true (or likely) that the U.S. and world economies are entering an extended period of slow economic growth--that is, stagnation? --Aaron Shields, Maplewood, N.J.
Dear Dr. Dollar: Do Trade Agreements Foreclose Progressive Policy?
Doesn’t the increasing liberalization of U.S. international economic policies foreclose the possibilities for progressive policies in this country? Don’t these policies undercut the effectiveness of fiscal policy efforts to stimulate employment and output? And don’t they virtually rule out many prog