We’ve Used Up Our One-Time-Only Economic Boost From Fossil Fuels

We’ve Used Up Our One-Time-Only Economic Boost From Fossil Fuels

The economy, we have been taught, is a cat with considerably more than nine lives. The bottom might drop out of the stock market, but it will rebound — again and again. The Chinese were on top of the world, economically, for a thousand years or more, but then the...
Making China Great Again

Making China Great Again

The final of the World Snooker Championship took place this week in Sheffield, the hardscrabble town in England’s north perhaps best known as the setting for the movie The Full Monte. Sheffield is a former industrial center so snookered by globalization that the...
Onshore Tax Havens

Onshore Tax Havens

The first thing you notice on the cab ride from the airport to downtown Panama City is the skyscrapers. They’re architecturally beautiful, but jumbled together as if there was no plan or consideration for how they might look next to one another. What you might not...
Obama’s Visit to Cuba: Dangers and Benefits to the Cuban Revolution

Obama’s Visit to Cuba: Dangers and Benefits to the Cuban Revolution

On Sunday, March 20, President Barack Obama traveled to Cuba, the first time the Caribbean nation has seen a U.S. president in 88 years. President Obama met with Cuban President Raul Castro and then convened with business leaders from both Cuba and the United States....
How our screwed-up CEO pay system makes climate change worse

How our screwed-up CEO pay system makes climate change worse

Runaway CEO pay at the 30 largest U.S. public fossil fuel corporations rewards short-term actions, with disastrous results for the world’s climate, a new report finds. CEOs at big oil, gas, and coal corporations are rewarded for a short-term fixation on pumping up...
Report: Inequality in the Social Security Debate

Report: Inequality in the Social Security Debate

DOWNLOAD THE REPORT The Fix the Debt campaign, a large, well-funded corporate lobby group, has been leading the charge for massive new corporate tax cuts paid for with cuts to Social Security, Medicare, and Medicaid. The nearly 100 CEOs who are leading Fix the Debt...
Facing the Threat of the Trans-Pacific Treaty

Facing the Threat of the Trans-Pacific Treaty

Originally posted on The Tyee, British Columbia, Canada. A 16th round of the Trans-Pacific Partnership (TPP) negotiations is underway in Singapore this week. Canada and Mexico join the nine other TPP countries for the second time since the U.S. government invited its...
European Parliament Supports Robin Hood Tax in Landslide Vote

European Parliament Supports Robin Hood Tax in Landslide Vote

Under pressure to address a massive deficit, legislators voted overwhelmingly this week in favor of a tax on financial speculation. This really happened, I swear. OK, it was in Europe, not the United States. But it could happen here—and it should. The vote in...

CEO Pay on Morning Joe

Visit msnbc.com for breaking news, world news, and news about the economy In a very symbolic move, Citigroup shareholders voted against the executive compensation package for their CEO, Vikram S. Pandit. Such non-binding votes were mandated as part of the Dodd-Frank...
Public Scholar Series: Why Occupy Is A Front Page Story

Public Scholar Series: Why Occupy Is A Front Page Story

The discussion will explore the economic and social climate that has kept the Occupy movement a front-page story around the world. The panelists will navigate through significant events marking the beginning and end of the Keynesian era, the rise of the neoliberal...

Budget Committee Testimony: Assessing Inequality

The Senate Budget Committee held a hearing on Assessing Inequality, Mobility, and Opportunity, with the participation of Sarah Anderson, Director of our Global Economy Project. Other panelists were Dr. Heather Boushey (Senior Economist, Center for American Progress),...
From Davos to Dystopia

From Davos to Dystopia

Not long ago the World Economic Forum (WEF) found itself in the sights of the global economic justice movement. At the turn of the last century, before anyone was “occupying” public spaces in protest at the growing inequalities between the top strata of...
Do We Need ‘Student Loans’ for Billionaires?

Do We Need ‘Student Loans’ for Billionaires?

Polly Toynbee, a commentator for Britain’s Guardian newspaper, plays a role quite similar to Paul Krugman, the Nobel Prize-winning economist who doubles as a New York Times columnist. Both regularly advance well-reasoned — and even inspirational —...