Alan Greenspan was the Henry Kissinger of economic policy. Both men caused enormous harm and suffering for which they were never held accountable. The biggest influence on Greenspan was Ayn Rand.
Instead of cutting benefits for the retirees who count on Social Security, we need to take bipartisan action to protect those benefits. That starts with a common-sense solution: lifting the Social Security payroll tax cap.
Three million children could be affected as the largest investment in child care in U.S. history expires in September.
ProPublica’s Jesse Eisinger interviews law professor Lev Menand about his new book critiquing the role of the Federal Reserve.
No private, unelected entity should have the power over the economy that BlackRock has, without a legally enforceable fiduciary duty to wield it in the public interest.
The real battle is now between two post-globalization camps: democratic socialists… and fascists.
Fueled by debt and years of easy credit, America’s energy boom is on shaky footing.
Capitalism’s near-death experience with the banking crisis was a golden opportunity for progressives. But they blew it
As we approach the ten year anniversary of the great recession, leading economists talk about where the next crisis might come from. Workers bear the brunt of crises, but they also could be the cause that provokes the system to falter.
Written one week before the current Wall Street tumble, economist Nomi Prins writes: Watch out. Even in the seemingly best of times, neglecting Wall Street is a dangerous idea. With a rag-tag Trumpian crew of ex-bankers and Goldman Sachs alumni as the only watchdogs in town, it’s time to focus, because one thing is clear: Donald Trump’s economic team is in the process of making the financial system combustible again.
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