Trade, Tariffs, and Soybeans
Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
Wage Stagnation vs. Living Wages for U.S. Workers Today
Far from earning living wages, most U.S. workers have experienced wage stagnation since the 1970s--a trend largely obscured by political rhetoric and misinformation.
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Poverty and Deportees on the Streets in Tijuana
Photos by David Bacon and an Interview with Laura Velasco
Where Have All the New Jobs Gone?
Job creation has come to a near halt. What explains employers’ reluctance to create new jobs in an expanding economy?
New York City Nurses Confront an Austerity Avalanche
Medicaid cuts are being used to push austerity in hospitals’ contract negotiations with nurses, even as some hospitals dabble in financial speculation and their CEOs rake in millions.
Taxing the Top
In a world in which some people keep getting way more than they need, while others can hardly get by, Robin Hood starts to look better and better.
Private Equity’s Profit Charade
Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.
Mamdani’s Municipal Socialist Inheritance
Buried in the historical record are the vibrant currents of municipal socialism that reshaped our urban worlds more than we acknowledge or even realize.
Interview: Municipal Socialism
An interview with Shel Stromquist on municipal socialism in the United States.
The Fed Versus Trump: How Much Does it Matter for Interest Rates Overall?
The Fed’s rate cut is likely to have little impact on mortgage interest rates. The reason is straightforward but rarely recognized in the abundant flow of commentary on Fed policy.