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Bank of Cyprus

This tiny nation has been pushed off a cliff to "save" the eurozone. Reunification may be the only way to turn the island's fortunes around.

Photo of George Saunders

In the short stories of Tenth of December, the impression of chaos belies a careful design.

A doctor and patient

Disguised as health promotion, it’s another form of cost-shifting to employees, in which some will be unfairly penalized.

Dollar bills

Pete Peterson’s $60 million push to sell corporate America’s ruthless austerity agenda.

Simpson and Bowles

Candidates who ran on slashing Medicare and Social Security lost big in November. But that doesn’t stop Pete Peterson from pushing the fantasy that voters’ biggest concern is the deficit.

The man behind Fix the Debt has spent decades trying to foment panic over a looming economic disaster, with little to show for it.

The “Fix the Debt” campaign is pure astroturf: corporate cash machinery masquerading as a grassroots uprising.

Dire warnings about the deficit don’t add up mathematically. But then, Fix the Debt is not really about the economy, it’s about gutting Medicare, Social Security and other social programs.

He may not have achieved the full FDR, but the president’s State of the Union speech, like his Inaugural, displayed a welcome progressive spirit.

Blogs

A remarkable democratic debate over independence has forced an admission that austerity is a vital, perhaps definitive, issue.

September 17, 2014

Backed by US development aid, the Ethiopian government is seizing land, demolishing homes and cracking down on activists in a bid to expand its capital city.

September 12, 2014

There’s no evidence that credit reports reveal an applicant’s competence but plenty of evidence that shows they invade privacy and institutionalize discrimination.

September 12, 2014

The senator’s safe homage to the American Dream illustrates his close relationship with the billionaire Koch brothers.

September 4, 2014

Can the BRICS wrest control of the global economy from the United States and Europe, or will their internal contradictions tear them apart?

September 4, 2014

After decades of investment in federal job training initiatives, it’s still difficult to see how much these programs are actually helping workers. 

August 25, 2014

The stunning figure represents roughly a quarter of households of military members on active duty, the Reserves or the National Guard. 

August 22, 2014

Ryan is asking the poor to be more flexible in being oppressed.

August 15, 2014

A new bill would let families on welfare afford this basic necessity. What’s wrong with that?

August 13, 2014

Reading the economist’s book through a feminist lens reveals the need for a richer array of anti-inequality policies.

August 6, 2014