Placing all of the blame on Brazil is fundamentally misrepresenting the history of the problem. Brazil must act to preserve the Amazon, but it should be paid for this choice by the rich countries

The rich countries lack of concern for the environment made it cheaper for them to develop. Now poorer countries, who are struggling to develop, are being told that they need to respect the environment for the good of the planet

It would be great if trade reporters could get a bit more serious and give some thought to winners and losers from trade policy, and not pretend that everyone in the United States is in the same boat

The Bureau of Labor Statistics reported that its benchmark revision to its job numbers shows that the economy created 501,000 fewer jobs between March of 2018 and March of 2019 than previously reported

Trade Negotiators Served Corporate Interests

It is plausible to view much of the profits booked in the financial industry in the years from 2003 to 2007 as fake profits, as they were closer to a story of mass counterfeiting than a story of a shift from wages to profits

But Don’t Reverse Decades of Wage Stagnation

While it is often traumatic for workers to lose jobs, especially long-held jobs, it is important to realize that relatively few jobs are at stake in the coal mining industry

If we had some mechanism for sharing research costs across countries, then new drugs could sell for a few dollars per prescription, instead of a few thousand

It is very convenient for the people who deliberately structured the economy to give more money to people like themselves, at the expense of the rest of the population, to act as though the upward redistribution was something that just happened