Skip to main content

The Fed Should Pause Interest Rate Rises as US Inflation Slows

Joseph Stiglitz and Dean Baker The Guardian
It would be irresponsible to create much higher unemployment – and the US economy could be pushed into recession. There is a strong argument for the Fed to take a break from its aggressive monetary-policy tightening.

How Foreign Private Equity Hooked New England’s Fishing Industry

Will Sennott Co-published by The New Bedford Light and ProPublica
Owned by a billionaire Dutch family, Blue Harvest Fisheries has emerged as a dominant force in the lucrative fishing port of New Bedford, Massachusetts. Its business model: benefit from lax antitrust rules and pass costs on to local fishermen.

The Devastating Economic Impacts of an Abortion Ban

Sheelah Kolhatkar The New Yorker
The legalization of abortion, had dramatic effects on the ages at which and the circumstances under which women became mothers. It reduced the number of teen-age mothers by a third, and that of women who got married as teen-agers by a fifth.

Once Again Austerity Proponents Tell it like it Isn’t

Martin Hart-Landsberg Reports from the Economic Front
While inflation-hawks are quick to highlight the cost of higher prices, they rarely, if ever, mention the costs associated with the higher interest rate policy they recommend, costs that include higher unemployment and lower wages for working people.

Fighting the Inflation Profiteers

David Dayen The American Prospect
Companies are raising prices well above increases in their costs. The only antidote is to finally take action against corporate power.
Subscribe to Economy