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Chinese Economic Woes

Reports From The Economic Front will now only appear at its new home:  https://economicfront.wordpress.com/   If you want to receive future posts by email click the follow link at the new site, sign up...

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Signs Of Global Slowdown

Reports From the Economic Front will soon only be available at its new location, https://economicfront.wordpress.com/   There are growing signs that the global economy is slowly but steadily heading...

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Capitalism At Work: Profits Over People

Reports From the Economic Front will soon only be available at its new location, https://economicfront.wordpress.com/     Corporations have been making money just fine—but economic growth has been...

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Inequality: Bad For (most) People, Good For Profits

Reports From The Economic Front Will Soon Move To Its New Location. The IMF recently published a report titled Causes and Consequences of Income Inequality: A Global Perspective.  Among its nuggets: an...

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Lessons From A Defeat In Europe

Reports From The Economic Front will soon be moving to its new location.  The Troika are celebrating the end of negotiations with Greece, proclaiming that thanks to their tireless efforts the Eurozone...

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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....

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A Test Of Power in Brussels

“Reports From The Economic Front” is moving.  For a short time it will appear at both its current location and future home. There is a lot to learn from the standoff in Brussels between Syriza and the...

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The Drive for $15

“Reports From The Economic Front” is moving.  For a short time it will appear at both its current location and future home.  Still working on the email subscription function.   The drive for $15...

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Oppose Fast Track And The TPP

“Reports From The Economic Front” is moving.  For a short time it will appear at both its current location and future home.  Those of you receiving it by email will need to re-enter your email address...

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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...

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A Critical Look At Capitalist Globalization

My latest article, on capitalist globalization, appears in the current issue of the journal Critical Asian Studies.   For a limited time the journal is making it freely available.  Here is the abstract...

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The Media Discovers The TPP

The corporate nature of the Trans-Pacific Partnership (TPP), a so called free-trade agreement, is becoming more obvious thanks to a recent leak of the investment chapter by Wikileaks. While the U.S....

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Class Interests and Economic Policy

The conventional wisdom is clear—our economic policies should aim at boosting profits.  Success will translate into investment and jobs.  Unfortunately for us, the conventional wisdom is wrong. Profits...

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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...

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Taxes and Politics

Americans have become increasingly critical of public policy as a means of addressing social problems.  Many believe that public policies do not work but the reality is that public policies are often...

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Inequality, Economists, and Capitalism

Most economists now recognize that income and wealth inequality has significantly increased over the last few decades. Many, however, refuse to see it as a problem. Several sessions at the January 2015...

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Minimum Wages and Unemployment

One of the arguments against an increase in the minimum wage is that it will lead to higher unemployment.  One can make theoretical arguments for and against this proposition.  And, of course, the...

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Election Thoughts

President Obama had hoped that recent signs of economic strength would benefit Democrats in the recently completed election.  While it is true that job creation has picked up, the unemployment rate is...

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A Shorter Workweek

Iceland continues to experiment with new ways to promote majority living standards.  See here for a discussion of the country’s unorthodox response to the 2008 global financial collapse.   According to...

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Immiserating Growth

Federal Reserve Board survey data on wealth certainly imply that it is getting harder and harder to succeed in our economy. Steve Roth has created some great charts using this data, which is based on...

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