By Julius Probst | July 12, 2019 More than ten years on from the global financial crisis and economies around the world are still struggling to fully recover. The latest data is not promising. International institutions such as the OECD, IMF and World Bank have all recently downgraded their growth forecasts for the current… Read More »
By Harley Shaiken | July 12, 2019 H. Ross Perot famously had a way with words that galvanized ordinary Americans and helped him become the most successful third-party candidate since 1912. He hurled one of his most well-known lines during a 1992 debate with Bill Clinton and George H.W. Bush when he assailed the North… Read More »
By Nathan Jensen | July 10, 2019 U.S. states and cities hand out tens of billions in taxpayer dollars every year to companies as economic incentives. These businesses are supposed to use the money, typically distributed through economic development programs, to open new facilities, create jobs and generate tax revenue. But all too often that’s not… Read More »
By Steven Pressman |July 01, 2019 The U.S. economy likely surpassed an important milestone last month: Americans are now experiencing the longest economic expansion in the nation’s history, assuming the data still being collected bears this out. This is certainly good news and something to celebrate. But, as an economist who focuses on income inequality,… Read More »
By Cristian Gherhes, Chay Brooks & Tim Vorley | June 26, 2019 The recent collapse of British Steel highlights the vulnerability of towns like Scunthorpe in England’s north-east to industrial decline. With 4,500 jobs on the line, its dependence on a single industrial giant – and the inherent vulnerability when this collapses – is obvious. Yet this… Read More »
By Jason Dedrick, Greg Linden and Kenneth L. Kraemer | June 25, 2019 Crack open an iPhone and you’ll begin to see why President Donald Trump’s ongoing trade war with China doesn’t make sense. On paper, imports of the popular smartphone and other goods from China look like a big loss to the U.S. The president… Read More »
(NewsUSA) | June 24, 2019 We do not know what will come out of the meeting between President Trump and Xi Jinping at the G-20 on June 28, but the signs are ominous. The state-promoted anti-American propaganda blasting U.S. “bullying” on trade and the resurgence in Chinese nationalism stoked by Xi Jinping augur poorly for successful… Read More »
By Amanda Lotz | June 24, 2019 There’s a growing chorus of U.S. politicians, antitrust scholars and consumer watchdogs calling for stricter antitrust treatment of Amazon, Google, Facebook and other tech giants. Some even say they should be broken up. Most recently, U.S. lawmakers launched a sweeping review to determine if these companies have become… Read More »
By Kevin Judge | June 21, 2019 President Trump kicked off his reelection campaign this week with a rip-roaring rally that no other politician in my lifetime could stage. He packed a 25,000 seat arena with thousands more outside, all appearing to have a wonderful time chanting and cheering for a leader they clearly… Read More »
By Michael Klein| June 20, 2019 Should you care if the Federal Reserve loses its independence? It’s become a growing risk in recent years as President Donald Trump has repeatedly attacked the U.S. central bank over interest rate policy and tried to appoint his political allies to its board. Most recently, he reportedly has explored… Read More »