Tag: U.S. Economy

If between 1979 and 2018, the American economy almost tripled in size, so where did the gains go? Most went to the top.

A network of public banks including a central bank operated as a public utility could similarly fund a U.S. Green New Deal – without raising taxes, driving up the federal debt, or inflating prices.

Free trade is simply a euphemism for the corporate capture of international trade.

Without significant adjustments, mainstream economics will remain two steps behind changing realities on the ground, and economists will be risking a further loss of credibility and influence.

An old North Carolina mill town turns small individual investments into bigger returns.

Real people in the real world, those not at the top, have experienced a decade of ever greater instability, while the inequality gap of this beyond-gilded age is sure to shape a truly messy world ahead.

The Secure 2100 Act would protect and expand Social Security benefits to ensure no one retires in poverty.

The Federal Reserve alone could do the job.

What will happen if robots, AI, and automation displace a huge percentage of workers. How will there be enough consumers to buy all the goods and services produced if there is a big drop in earnings?

But poverty deniers won't look deeper, because they don't want to admit that anyone willing to work could be suffering in the richest country in the world.