David Ruccio This week, the Nobel Memorial Prize in Economic Sciences was awarded to three economists doing research on the issue of poverty; Abhijit Banerjee … Concerned about poor people. But not their backgroundRead more
Economics
We need to change our economic perception
Peter Joseph on Abolishing Capitalism Empire Files 062
Richest 400 Americans paid lower taxes than everyone else in 2018
wealthiest American households paid a lower tax rate last year than every other income group for the first time in the country’s history. economists Emmanuel … Richest 400 Americans paid lower taxes than everyone else in 2018Read more
Bolsonaro Introduces Bill to Dollarize Brazilian Economy
President Jair Bolsonaro’s administration revealed Tuesday a “foreign exchange liberalization” bill, to be presented to the Brazilian Congress, which paves the way to the dollarization … Bolsonaro Introduces Bill to Dollarize Brazilian EconomyRead more
The Disaster of Negative of Interest Rates
President Trump wants negative interest rates, but they would be disastrous for the U.S. economy, and his objectives can be better achieved by other means. … The Disaster of Negative of Interest RatesRead more
Kentucky Miners Are Blocking a Coal Train for Back Pay
On July 29, coal miners in Cumberland, Kentucky began blocking a train carrying more than $1 million worth of coal to protest their former employer, … Kentucky Miners Are Blocking a Coal Train for Back PayRead more
Trump to Return Fannie Mae and Freddie Mac to the Private Sector
The US Treasury Department is proposing to end federal government control over the Federal Mortgage Association and the Federal Home Loan Mortgage Corporation, also known … Trump to Return Fannie Mae and Freddie Mac to the Private SectorRead more
Neoliberal Experiment Has Failed in Argentina
Only a few days after Argentina’s Congress voted to extend the Food and Nutrition Emergency (EAN) bill, professor and Nobel Prize winner in economics, Joseph … Neoliberal Experiment Has Failed in ArgentinaRead more
Why Did Argentina Impose Capital Controls?
On September 1, 2019, Argentine President Mauricio Macri imposed capital controls on the foreign exchange market to help control the depreciating peso and counter the … Why Did Argentina Impose Capital Controls?Read more