Inequality was not a natural outcome of the market and technology — it was manufactured by design
Dean Baker
The sharp rise in the trade deficit in the last decade had a devastating impact on manufacturing workers and whole communities in large parts of the Northeast and the Midwest
The only losers in this story are the folks in the financial sector who make their money on needless trades
While the blame for Europe’s economic problems over the last decade can very clearly be laid at the doorstep of its leaders who have insisted on austerity, the media consistently ignore evidence that is as clear as day
In Washington policy circles, being a supporter of free trade is pretty much comparable to saying you believe in evolution. All reasonable…
‘The Distribution of Income Depends on How We Structure the Economy’
It is great that the rise in inequality seems likely to be a major topic in the 2020 presidential campaign. However, it is important that we think carefully about how best to reverse it
It is undeniable that the United States can afford the same guarantee of health care enjoyed by people in other wealthy countries. The question is whether we have the political commitment to bring it about
Shorter hours and longer vacations should play an important role in our vision for the future
If we rule out the collapsing bubble as the story for the next recession, we are left with the standard story that explains every recession since the end of World War II and before 2001