Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.
Back in January, the Clinton campaign sent a flyer accusing Obama of planning to impose "a trillion dollar tax increase on America's hard-working families" by lifting the cap on income subject to Social Security taxes. The truth was something different. Read more »
National governments, by serving as "employers of last resort," could guarantee full employment by providing a job for anyone ready, willing, and able to work. Read more »
What do Barack Obama, Hillary Clinton, and John McCain have to say about our current reality of financial crisis and recession, and the generation-long stagnation in average living standards that has preceded the crisis of the moment? Read more »
Dear Dr. Dollar: Doesn't all the war spending stimulate the economy? And shouldn't the Bush tax cuts do the same? So why are we falling into recession? Read more »
The governing left coalition of the Indian state of West Bengal abandons its alternative development path for neoliberal "reforms." | Order this issue or subscribe.
Testing Economics
Mark Maier and Julie Nelson
Does the national economics assessment test high school students for economic literacy—or economic ideology? | Order this issue or subscribe.
