Off Shoring Ruined Incomes and Jobs for Most Americans By paul craig roberts The free trade theory set out by David Ricardo at the beginning of the 19th century is merely a special case, not a general theory. These are discouraging times, but once in a blue moon a bit of hope appears. I am [...]
Investing in America’s Economy
Economic Policy Institute Read this item in its original formon the EPI website. May 23, 2011 Today, the Economic Policy Institute released an update to Investing in America’s Economy, a budget plan that prioritizes recovery while also putting the country on a sustainable budget path. This plan was developed as part of the Solutions Initiative [...]
Austerity? There is an alternative – a new project for Europe’s left
Austerity? There is an alternative – a new project for Europe’s left Our initiative aims to show there is an alternative analysis of the present situation rather than the misery and injustice of austerity bY Costas Douzinas, Gavan Titley, David Wearing and others guardian.co.uk, Sunday 1 May 2011 14.59 BST Europe stands at a crossroads. [...]
Deconstructing Structural Unemployment | CEPR Report
Deconstructing Structural UnemploymentAddThisMarch 2011, John Schmitt and Kris Warner Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession, but in this paper we find little support for either of two arguments that suggest that structural unemployment has been on the rise. The first argument focuses on the large increase [...]
Pentagon & Deficit Reduction: Budget Retains Exceptional Level of Defense Spending
The Pentagon and Deficit Reduction FY-2012 Budget Retains Exceptional Level of Defense Spending PDA Briefing Memo #47 1 March 2011 Section 1. Past and Future Change in US National Defense Spending & Budget Share (3 tables) Section 2. New Obama Budget Plan Gives Pentagon Bigger Budget Slice (2 tables) Section 3. Fixed in Place: The [...]
