Jim O'brien and Nick Thorkelson

Stablecoins: Crypto Kryptonite

Despite being called a currency, crypto lacks one of the most important characteristics that a currency (money) should have—a stable value.

Gerald Epstein Sep 26, 2025

Left Hook Economics

The Fed Versus Trump: How Much Does it Matter for Interest Rates Overall?

The Fed’s rate cut is likely to have little impact on mortgage interest rates. The reason is straightforward but rarely recognized in the abundant flow of commentary on Fed policy.

Robert Pollin Sep 24, 2025

Monthly Jobs Analysis

Stagflation on the Way?

The Employment Report for August 2025

Frank Stricker Sep 19, 2025

In 1978, Jim O'Brien was a staff member of the New England Free Press and an editor of Radical America. He now teaches in the College of Public and Community Service of the University of Massachusetts

1 article

Issue 242

Baseball: A Marxist Analysis

Despite fastballs and double plays, major league baseball games are longer than they used to be. An average game that

Jim O'brien and Nick Thorkelson Jul 1, 2002