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Category: Economy

President Barack Obama

Why ‘Free Trade’ Treaties Destroy Jobs

by Robert E. Scott | Jun 1, 2015 | Economy, Politics

  Recently, the president claimed that critics who say that the Trans-Pacific Partnership (TPP) “is bad for working families … don’t know what they are talking about.” Skeptics would respond, “Show me the money. Show me the jobs and wages you’re going to generate for working Americans. Explain how the TPP is going to be […]

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One Nation Divided by Wealth

by David Cay Johnston | Dec 1, 2014 | Economy

  Government policy is the wedge dividing the very richest from everyone else in America. The gap between the have-mores and have-nots will narrow and widen now and then as the economy contracts and expands, but over the long run, this chasm will become ever wider unless we change current government rules. As Eric Schneiderman, […]

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Under the Wheel of Capitalism

by William T. Vollmann | Dec 1, 2014 | Books, Economy

  Germany, 1918: “A scraggly band of child rebels, we met secretly in attics … We were taught by men who claimed they were deserters from the navy to hate the rich, to tell the poor they must rise in a body and fight …” U.S.A., 2014: “I know a lot of people think that […]

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Narcissists Gone Wild!

by Sam Pizzigati | Aug 1, 2014 | Economy

  Narcissists don’t happen to be particularly nice people. They preen. They grab. And they never ever really feel our pain. Extremely self-centered people, some fascinating new business school research shows, also don’t make for particularly effective corporate CEOs. This new research—conducted by business school analysts at the University of Southern California and the University of Arizona—examines […]

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Are We Really Doomed?

by Dean Baker | Jul 23, 2014 | Economy

  The French economist Thomas Piketty has managed to accomplish a feat almost without precedent among economists in this country. He wrote a book that has made it to the top of the best seller list. Furthermore, the book is almost 700 pages long and borrows its title from Karl Marx. The remarkable popularity of […]

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