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Nation Topics - Economic Policy

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Milton Friedman's free-market faith produced a bastardized system of
interest-group politics that favors sectors of citizens at the expense
of many others.

As election day approaches, don't expect a reasoned discussion of
economic policy between the two parties. A barrage of
quips and one-liners have taken the place of detail and fact in
political debate.

Before the storm, neoliberalism shaped the social and economic
inequities of New Orleans; after Hurricane Katrina, it worsened them
by making government the tool of corporations and investors.

Is Former Treasury Secretary Robert Rubin's new "conceptual
framework" of economic reform an acknowledgment of neoliberalism's
failures or simply a repackaged version of Clintonomics?

Back in Washington's day, Congress printed money to fight the Revolutionary War without collecting taxes to back it up--and paid the price in inflation: History repeats itself today.

The massive number of Americans who support raising the minimum wage
should spur Congress to action.

Interest rates nosed higher today as the Federal Reserve Board
sought to control inflation. But the impact of runaway inflation is
already being felt by workers whose wages will stagnate and whose
earning power is on a steep decline.

The affluent mask of the United States has been torn away by the storm, exposing a nation that has become progressively poorer under the leadership of the party of Big Business.

When the adulation fades, Alan Greenspan will be recognized as a right-wing ideologue and the most politicized Fed chairman in history.

Like oil and water, Chinese capitalism and US politics just don't mix.

Blogs

Amid pressure from progressive and women's right organizations, President Obama has nominated Janet Yellen to head the Federal Reserve. 

October 9, 2013

The outspoken congressman wants to use the budget crisis to advance his privatization agenda.

October 9, 2013

In a brilliant 1996 essay, political theorist Sheldon Wolin connected austerity economics to a broader Republican philosophy of governance--or lack thereof.

September 28, 2013

Obama has a chance to name a reformer as Fed Chair and make good on the "new politics" he promised in 2008.

September 16, 2013

Certain media outlets claim the sequestration wasn’t that bad, but that’s only because we don’t fully understand their consequences yet.

September 9, 2013

The nation’s largest labor federation will meet in Los Angeles to consider resolutions on issues ranging from its relationship to its member unions, to its relationship to the Democratic Party.

September 7, 2013

The Obama administration is pushing to finalize the Trans-Pacific Partnership without congressional oversight. 

August 22, 2013

America needs a Fed chair who has "the right temperament and a willingness to take on Wall Street CEOs."

August 12, 2013

Obama’s better bargain is a disturbing snapshot of a skewed political system.

July 31, 2013

Treating the choice of the next Federal Reserve chair as an election campaign will bring citizens into the debate and raise vital issues.

July 30, 2013