Recently in American and Global Economy Category

Right now a Bill to extend unemployment benefits another six months is being held hostage in the Senate due to an ideological struggle between followers of the last century's greatest economist, John Maynard Keynes, and those who believe it's a good idea to obsess about balanced budgets during a major global economic downturn.  Still there is more to the Republican side of the debate than just Hooverism, and given the way ...
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With billions of taxpayer dollars propping up the largest financial institutions amid news stories about record bonuses on Wall Street and forecasts for a "jobless recovery" at best, there are a lot of good reasons to doubt the core promises of the capitalist system these days.  Populist anger abounds and two movies in theaters now are helping bring the evils of capitalism into focus; "The Yes Men Fix The World" ...
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