The Risk of Military Keynesianism

Will the economic crisis finally take a bite out of military spending, or serve as another rationale for maintaining the status quo?

IPS on the CEO Pay Caps

We applaud efforts to cap bailout pay, but are concerned about reports of weak Treasury rules.

Arts Stimulus Plan

Here’s a detailed call for the stimulus plan to include a program that will support artists and writers.

Assessing the G-20 Declaration

This contradictory document identifies financial institution failures and calls for new regulatory measures, and at the same time, salutes the free market and some of the institutions behind the financial and economic crisis.

Bailouts Dwarf Spending on Climate and Poverty Crises

The approximately $4.1 trillion that the United States and Europe have committed to rescue financial firms is 40 times the money they’re spending to fight climate and poverty crises in the developing world.

Obama Faces Economic Disaster

The new president will inherit the financial meltdown that has begun to reach beyond the “developed” countries and into Russia, Korea and Brazil.

The Crisis and the Environment

Less travel, but also less investment in alternative energy: Columnist Michael Klare asks whether the crisis is a net plus or minus for the environment.

The Second Shockwave

The global economic crisis is just now hitting the developing world — with devastating effects.