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Left Hook

No Matter How You Look at It, the Big Beautiful Bill is a Monstrosity

Here are three views of the bill's horrific distributional consequences.

John Miller Jul 7, 2025

Left Hook

What’s Different About Today’s Government Deficit and Debt?

As of today, the U.S. government’s current deficit and debt are indeed currently at unprecedented levels for peacetime—once we account for them appropriately.

Robert Pollin Jul 1, 2025

Left Hook

No Tax on Tips

Even the stand-alone No Tax on Tips Act would do far too little to better the lot of low-income workers, even tipped workers.

John Miller Jun 27, 2025

Issue 329: March/April 2017

Globalization and the End of
the Labor Aristocracy

Jayati Ghosh

How changes in 21st-century imperialism have led to increasing inequality, the decline in workers’ incomes, and the decline or absence of social protections. Read more »
Military Spending in the Swampland

James M. Cypher

There is every reason to anticipate that the Pentagon’s lucrative and murky wetlands will increase in depth and opacity. Read more »
Is It Oil? The Issue Revisited

Arthur Macewan

Revisiting the question of what motivated the Iraq War. Read more »
DAPL Doesn’t Make Economic Sense

Mark Paul

The Dakota Access Pipeline imposes huge environmental and health costs, creates few jobs, and generates little government revenue. Read more »

Available only in the print edition:

The Global Industrial Working Class

An Interview with Immanuel Ness

| Order this issue or subscribe.

the regulars

editors’ note Costs of Empire
the short run
two cents Obscure “Neoliberalism”
comment Reflections on a Xenophobic Speech
making sense Trump and the Wages of Whiteness
up against the wall st. journal The Economics of Whitelash
economy in numbers U.S. Military Spending, Arms Industry, and Wars
in review Katherine J. Cramer, The Politics of Resentment