Historians Eric Foner and Matt Karp on the international ambitions of the US slaveholding class — and the abolitionist movement that brought them down.
The plan by the oversight board for Puerto Rico will depress the economy further and fuel a debt spiral, in which Puerto Ricans, US taxpayers, and in the long run, even the creditors will lose
As long as immigrants continue to innovate and invent, they can continue to boost economic growth.
Michael Yates has produced a primer on inequality for our times. Steve Early takes a look.
In 2012, prognosticators were definite about what would happen to America if Obama were reelected. Here is how their predictions turned out.
Reader Comments: Standing Rock - Protest, Solidarity and Pension Funds; Hillary Right About Trump Supporters; GOP Manipulation and Voter Suppression; Class War by Other Means; Saudi Arabia; Women's Boat to Gaza Sets Sail; Facts and Numbers to Fightback With - EPI's new data crunching tool;
Announcements: Virtual Book Discussion about `Because of Sex; 50-Year Rag Reunion & Public Celebration - Austin, Texas
Joseph Stiglitz, who won a Nobel Memorial Prize in economics in 2001 for his work on information asymmetry, has been one of neoliberalism's biggest critics in recent years, and he says the "neoliberal euphoria" that has gripped the world since the 1980s is now gone.
Elizabeth Warren on Trump and Republicans' Attempt to Bludgeon the Judiciary Into Submission. Bernie Cranks Up the Heat in DC. John Oliver: Debt Buyers. Bernie on Talk With Obama and Where Next. Hobbit Histories: The Origins of Homo Floresiensis.
Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start. We can prove it!
Branko Milanovic offers us not just a plethora of facts about income inequality but brings them into a sound and rigorous global perspective, showing that what are too often treated as isolated national issues are on a world scale income massively maldistributed. While some nations saw the growth of a middle strata (China, for one) the real increase in world income is owned by the unprecedented 50-percent rise in incomes for the top 1 percent globally.
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