Economics And Values
Mainstream economics is largely built on theories that assume that people are best understood as highly competitive and individualistic maximizing agents. In fact, capitalism is said to be the most...
View ArticleClik here to view.
The Continuing Relevance of Class
Politicians always seem to be talking about the middle class. They need some new focus groups. According to the Pew Research Center, over the past four years the percentage of adult Americans that...
View ArticleClik here to view.
The Distressed Labor Market
The following two charts taken from a Center for Economic Policy and Research Center study by John Schmitt and Janelle Jones highlight the distressed nature of the U.S. labor market and the need for...
View ArticleClik here to view.
The Social Safety Net Under Attack
One of the subthemes of current discussions about how best to reduce our national debt is that we must reign in out-of-control spending on federal safety net programs. The reality is quite different....
View ArticleClik here to view.
The Deteriorating Labor Market
Despite the declining rate of unemployment—-it fell to 7.4% in July, the lowest level since December 2008—it is clear that economic trends, especially the rate and nature of job creation, are far from...
View ArticleClik here to view.
Dismal Trends
Officially our most recent recession began December 2007 and ended June 2009. The following chart provides an important perspective on the recovery period. Stocks and profits have enjoyed a remarkable...
View ArticleClik here to view.
Almost 1/4 of U.S. Children in Poverty
If the well-being of our children is an indicator of the health of our society we definitely should be concerned. Almost one-fourth of all children in the U.S. live in poverty. The Annie E. Casey...
View ArticleClik here to view.
Victory in Greece
Syriza won the Greek election and its leader, Alexis Tsipras, is now prime minister—the Greek people showed bravery and intelligence and we should be studying as well as supporting the efforts of...
View ArticleClik here to view.
Taxes and Militarism
Tax day has come and gone. And there is indeed a lot to complain about: our corporations and the wealthy have successfully minimized their own tax responsibilities, leaving us to support a powerful...
View ArticleClik here to view.
Victory: Greece Over The Troika
“Reports From The Economic Front” will soon be moving to its future home. It seems certain that the political economy textbooks of the future will include a chapter on the experience of Greece in 2015....
View Article
