Some Elements of a Progressive International Trade Policy
There are other ways to organize U.S. international trade. The neoliberal free trade of recent decades and the trade restrictions of Trumpian tariffs are not the only options.
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Animal Spirits, by Akerlof and Shiller
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism, by George Akerlof and Robert
The Myth of Overcompensated Public Employees
Two new studies debunk the idea, prevalent in these days of threatened austerity, that public employees are "overcompensated."
Basel; Older Workers; Mott's Strike; IMF
(1) Basel III Underwhelms. Global banking regulators came out with new rules on Sunday, mostly regarding capital reserves. Here'
A Plan B for Obama; Education Bubble
(1) What we would like Obama to do: From Thomas Palley's contribution to Martin Wolf's Economists&
Immigrants Build the U.S. Economy
Just one item today, in preparation for Labor Day--a nice post from Mark Engler's blog over at Dissent:
New Issue, Lump of Labor, etc.
(1) 2010 Annual Labor Issue: This year's annual labor issue has printed and will ship out today or
Same Output + Fewer Hours = Economic Crisis?
Today's economic crisis is less about the quantity of output than the distribution of income and leisure.
Dear Dr. Dollar:
Many times I have read (in writings by former Secretary of Labor Robert Reich, for example) or heard it said (by President Obama, for example) that technology is eliminating more manufacturing jobs in the United States than rising imports. Is that true? --Kevin Rath, Oakland, Calif.
We Need a (Green) Jobs Program
Clean-energy investment would promote job growth for a wide swath of the U.S. workforce.
The Fall and Rise of Hotel Worker Unionism
A review of Restoring the Power of Unions: It Takes A Movement by Julius Getman (New Haven, Yale University Press, 2010).
Magic Mushrooms
It had been a rainy summer in Colorado. No surprise to find mushrooms as we hiked the Andrews Glacier trail