By Jeffrey Sommers and Yanis Varoufakis, CounterPunchFeb 28, 2014
Ironically, the very New Deal legacy that austerians work to euthanize in the U.S. is the chief thing that has prevented the country's economy from completely crashing. Dig deeper ( 4 Min. Read )
Alexander Reed Kelly / TruthdigAug 10, 2013
Investment in what experts call "real inputs" -- structures and machines that enable and boost future output and productivity -- is one way an economy grows over time. No wonder, then, that an economic crisis occurred just decades after the share of national income going to investment began declining during the start of the neoliberal era, around 1980, UMass-Amherst professor Gerald Friedman writes in Dollars & Sense. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigApr 26, 2013
A gloomy forecast for the sales of a German automaker portends the possible spread of Southern Europe's economic crisis to other parts of the continent -- and the world. Dig deeper ( 2 Min. Read )
Join our newsletterStay up to date with the latest from Truthdig. Join the Truthdig Newsletter for our latest publications.
By Ellen Brown, Web of DebtFeb 14, 2013
Money today is simply a legal agreement between parties. Nothing backs it but “the full faith and credit of the United States.” The United States could issue its credit directly to fund its own budget, just as our forebears did in the American colonies and as Abraham Lincoln did in the Civil War. Dig deeper ( 7 Min. Read )
Alexander Reed Kelly / TruthdigJan 6, 2013
The Nobel Prize-winning economist and public advocate is at the top of every liberal’s wish list for President Obama’s second-term Cabinet appointments. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigJul 28, 2012
The marginally growing U.S. economy reduced speed in the second quarter of the year after months of lackluster job creation, threatening the financial well-being of ordinary Americans and deepening the challenge for President Obama’s re-election campaign. Dig deeper ( 1 Min. Read )
Join our newsletterStay up to date with the latest from Truthdig. Join the Truthdig Newsletter for our latest publications.
Now you can personalize your Truthdig experience. To bookmark your favorite articles and follow your favorite authors, please login or create a user profile.
Now you can personalize your Truthdig experience. To bookmark your favorite articles and follow your favorite authors, upgrade to supporter.