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Ethical Economics

Ethical Economics news and analysis from The Nation

  • December 11, 2006

    Globalization with a Human Face

    Globalization must not be allowed to become financial imperialism: Capitalism's strongest-takes-all rule must give way to one that ensures that the poor have a place and a piece of the action.

    Mohammad Yunus

  • November 16, 2006

    Letter From Venezuela: The Land of Chavismo

    Although the United States itches to do away with Hugo Chávez, his socialist policies are alleviating poverty and earning the people’s trust. To Bush’s chagrin, the Venezuelan leader is here to stay.

    Chesa Boudin

  • October 19, 2006

    The Myth of Microloans

    Nobel Peace Prize winner Muhammad Yunus has helped a lot of poor women, but the basic problem in developing countries is landlessness. A $130 microloan won’t solve that problem.

    Alexander Cockburn

  • October 15, 2006

    Microcredit, Macro Issues

    The Swedish Academy bestowed this year’s Nobel Peace Prize to Muhammad Yunus, the father of microcredit. It’s easy to believe Yunus’s low-interest loans to the poor are a silver bullet against global economic injustice. But it’s not that simple.

    Walden Bello

  • July 14, 2006

    A Conversation With Robert Rubin

    The former Treasury Secretary speaks candidly on the inherent inequities of globalization and the political, social and economic challenges that lie ahead.

    William Greider


  • March 8, 2006

    A Moral Economy

    Progresssives must articulate a vision of a moral economy and a benevolent community that challenges the rhetoric of market fundamentalism.

    Fred Block

  • January 31, 2006

    Credit Crunch

    New federal guidelines for banks and credit card companies that boost minimum monthly payments have wreaked havoc on American families struggling to pay their bills and avoid bankruptcy.

    Mark Winston Griffith

  • January 26, 2006

    Nick Kristof’s Brothel Problem

    Nicholas Kristof produces a steady stream of titillating reports on child prostitution in the Third World. Better to focus on draconian economic reforms driven by the World Bank that create the conditions for prostitution.

    Alexander Cockburn

  • January 5, 2006

    Harry Magdoff

    The late socialist economist Harry Magdoff read Marx at fifteen and never looked back. A self-educated co-editor of the Monthly Review, he not only fought for a just and humane world; he embodied his politics in the way he conducted his life.

    The Nation

  • October 13, 2005

    Bono Meets Dr. Shock

    It’s easy to scoff at a rock star like Bono pairing up with economist Jeffrey Sachs. But their tireless lobbying for debt relief for the poorest nations could make a real difference for the 1 billion people who live on less than a dollar a day.

    Doug Henwood