Economists, the Trump Tariffs, and Alternatives
One should not jump from the condemnation of Trump’s tariffs by economists (and others) to an acceptance of free trade as a key to economic progress.
Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
Far from earning living wages, most U.S. workers have experienced wage stagnation since the 1970s--a trend largely obscured by political rhetoric and misinformation.
Photos by David Bacon and an Interview with Laura Velasco
Job creation has come to a near halt. What explains employers’ reluctance to create new jobs in an expanding economy?
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.
In a world in which some people keep getting way more than they need, while others can hardly get by, Robin Hood starts to look better and better.
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.
Private equity firms are a risky place to invest and their reported returns can be misleading.