How Federal Reserve policies, the recession they triggered, and broader political and economic changes weakened workers’ power and helped usher in an era of extreme inequality.
A string of primary victories by DSA-backed candidates and other progressives—from New York to Michigan to Florida—is giving the Democratic left new leverage while putting its ambitious economic agenda back at the center of the party’s debate.
Back in January, the Clinton campaign sent a flyer accusing Obama of planning to impose "a trillion dollar tax increase on America's hard-working families" by lifting the cap on income subject to Social Security taxes. The truth was something different. Read more »
National governments, by serving as "employers of last resort," could guarantee full employment by providing a job for anyone ready, willing, and able to work. Read more »
What do Barack Obama, Hillary Clinton, and John McCain have to say about our current reality of financial crisis and recession, and the generation-long stagnation in average living standards that has preceded the crisis of the moment? Read more »
Dear Dr. Dollar: Doesn't all the war spending stimulate the economy? And shouldn't the Bush tax cuts do the same? So why are we falling into recession? Read more »
The governing left coalition of the Indian state of West Bengal abandons its alternative development path for neoliberal "reforms." | Order this issue or subscribe.
Testing Economics
Mark Maier and Julie Nelson
Does the national economics assessment test high school students for economic literacy—or economic ideology? | Order this issue or subscribe.
