Tag: economy
Unemployment at the Heart of Italy’s Economic Crisis
Italian President calls on Five Star and Lega to choose another Finance Minister if they wish to form a government. Economist Bill Black and Mark Weisbrot discuss the political dynamics and the economic crisis Visit…
Blaming Banks or Government for Not Enforcing Their Side of the Bargain? (Swiss Referendum 3/3)
There is no easy monetary fix for the problems of modern capitalist economies says Jo Michell who argues that deep problems in the economy cannot be solved by trying to control the money supply while…
What Do Banks Do For The Real Economy? (Swiss Referendum Pt 2/3)
Jo Michell explains the argument in favor of stripping banks of their ability to create money is based on a fundamental misconception of how the monetary and financial system operate and the economy would be…
Is Capitalism In Crisis? Author of ‘Karl Marx’s Capital and The Present’ Responds
The fundamental proneness to crisis under capitalism was not overcome in the Golden Age of Capitalism and crisis in the late 1960s ushered in an era of finance by opening new avenues for accumulating wealth…
US Policy Toward Global Internet Governance Is Misguided Says Richard Hill 1/2
The business models of NSA & companies like Google are about the same explains Richard Hill as part of a wide ranging discussion on global internet governance issues. Visit https://therealnews.com for more stories and help…
The Economy Under Trump: Business Optimism Combined with Inequality
Trump’s Chair of Economic Advisors presented a glowing analysis of how business optimism and investment boomed with Trump’s election. But what do these figures mask and how accurate are they? We take a closer look…
Is a New Global Financial Crisis Imminent?
Economists Mark Weisbrot and Gerald Epstein face off to discuss whether 10 years after the Lehman Brothers collapse and the Great Recession of 2008 we are about to see another major financial crisis Visit https://therealnews.com…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 3/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 2/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 1/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
Former Fed Chair Paul Volcker Warns About US Becoming a Plutocracy
Paul Volcker had a historic role in shaping the US economy over several decades, but increasingly he has been warning about an out of control financial sector that is dominating US society. Former financial regulator…
US Unemployment Rate Hits 50-Year Low: What Does the Number Reveal and Conceal?
September’s unemployment rate dropped to a 50-year low, but what is behind this statistic, how does it affect ordinary citizens, and can Trump take credit for the drop? We discuss these questions with PERI’s Gerald…
Student Debt Dogs Millennials for a Lifetime and Drags Down the Economy
The student debt problem is exploding, growing three times as fast as any other kind of debt, yet the Trump administration is making it more difficult for students to seek debt relief. Ellen Brown of…
A Blueprint for Linking Trade to Full Employment and Domestic Industrialization (Pt 2/2)
Think hard about the relevance of the 1948 Havana Charter for addressing the imbalances and inequities of the 21st century global economy says Richard Kozul-Wright noting that with the rise of neoliberalism the aim of…
Systematized Tax Evasion: Cheating Competition
James Henry, economist and tax attorney, speaks at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, 2018 Visit https://therealnews.com for more stories and help support our work by…
The IMF is at it Again in Argentina’s Economic Crisis
Now that Argentina received the International Monetary Fund’s largest loan ever, of $56 billion, it is recommending more austerity, which, as the data so far shows, will only prolong the country’s economic crisis, says CEPR’s…
UDHR: Setting Limits On Power Still Pending Since 1948
An attentive review of the 1948 Universal Declaration of Human Rights suggests that 70 years on we have not fully averted the kinds of mistakes that the drafters of the UDHR sought to prevent from…
A Green New Deal for India?
A new report from the Political Economy Research Institute puts forth a proposal to boost equity while lowering carbon emissions. Shouvik Chakraborty, an author of the report, explains. Visit https://therealnews.com for more stories and help…
Canceling India’s Preferential Trade Status with the US Would Backfire
Washington says India has been the world’s largest beneficiary of preferential trade status. If trade benefits are abolished, the country will have to pay customs duties on products worth 5.6 billion US dollars that were…
Unemployment is Down – Why Aren’t Wages Up?
In the recent jobs report, employment increased rapidly, but wage growth slowed down. Why? Gerald Epstein joins Paul Jay Watch full series https://therealnews.com/series/why-arent-wages-up Subscribe to our page and support our work at https://therealnews.com/donate. ** (Disclaimer:…
Will Trump’s Trade Wars Raise Wages?
Are the trade negotiations with china and the rewriting of NAFTA aimed at raising wages or profits? Gerald Epstein joins Paul Jay Watch full series https://therealnews.com/series/why-arent-wages-up Subscribe to our page and support our work at…
Trump’s Fed Nominee Has “Far Out Ideas,” But Criticism of the Fed is Important
Stephen Moore, Trump’s new nominee for the Federal Reserve Board, has some wacky ideas, but is correct about the need to keep interest rates low, says CEPR’s Mark Weisbrot Subscribe to our page and support…
Rising Expenses and Stagnant Incomes Squeezes Middle Class Everywhere
A new study by the OECD shows that particularly millennials and the US middle class is being squeezed by expenses that rise faster than their incomes, but the phenomenon is taking place in all developed…
Trump Up in Polls; Who Benefits From Economic Growth?
GDP growth up, stock market up, will the economic expansion continue and who are the winners? Dean Baker and Randall Wray join host Paul Jay Subscribe to our page and support our work at https://therealnews.com/donate….
