Category: Economics
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Mainstream economic policy is full of misrepresentation of reality
GDP pays no attention to inequality. If there is more wealth, but all that wealth is concentrated in a small number of hands while all others suffer declining living standards, then GDP will rise even though working people are worse off
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Trump is betting his intimidation approach can produce quick results before his tariff war precipitates a currency war and a severe global economic contraction
Hostile trade wars and American protectionism will double down on the damage done by decades of US-driven global free trade policies
As long as we have capitalism, we are going to have financial crises
What we have here are code words meaning make it easier to fire people
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America should worry less about China’s economic success and more about a potential Chinese financial implosion
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Because women and minority workers are disproportionately employed in these jobs, public-sector unions are particularly important for them
For too long, politicians and, to their shame, many in the development sector have ignored the key driver of global poverty: neoliberal capitalism
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How Brazil, Argentina, and Venezuela are destabilized