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Africa And Globalization
Economists continue to celebrate the free movement of goods, services, and capital. However, faced with slowing economic conditions in core countries, it is now third world growth that is highlighted...
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Almost 1/4 of U.S. Children in Poverty
If the well-being of our children is an indicator of the health of our society we definitely should be concerned. Almost one-fourth of all children in the U.S. live in poverty. The Annie E. Casey...
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The No-Raise Expansion
Our current economic expansion is now past the five year mark and the gains for most working people are hard to find. Media attention has largely focused on the weak record of job creation. Less...
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No Light, No Tunnel
People are slowly but surely recognizing that there is no economic light at the end of the tunnel. In fact, it appears that we may be looking into a cave not a tunnel. The U.S. economy has undergone a...
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Market Magic
An article in the New York Times highlights the following two charts which were taken from an article soon to be published in an economics journal. It is pretty apparent that for some time only a...
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Declining Prospects For Growth
You know things are serious when leading mainstream economists and established international organizations continually revise downward their estimates for future growth. The chart below shows...
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Election Thoughts
President Obama had hoped that recent signs of economic strength would benefit Democrats in the recently completed election. While it is true that job creation has picked up, the unemployment rate is...
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Victory in Greece
Syriza won the Greek election and its leader, Alexis Tsipras, is now prime minister—the Greek people showed bravery and intelligence and we should be studying as well as supporting the efforts of...
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The Long Wait for Wage Gains
Officially, the U.S. economy has been in expansion since June 2009. Many people find this hard to believe. One reason is that wages have either been flat or falling for much of the period. A recent...
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Hipster Economics
We have the money and the know how to tackle most of our social problems. Certainly unemployment, houselessness, and poverty. So, why don’t we? In large part it is because our socially created wealth...
View ArticleA Critical Look At Capitalist Globalization
My latest article, on capitalist globalization, appears in the current issue of the journal Critical Asian Studies. For a limited time the journal is making it freely available. Here is the abstract...
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Greece Versus The Troika
“Reports From The Economic Front” is moving. For a short time it will appear at both its current location and future home. Still working on the email subscription function. The Greek drama continues...
View ArticleA Test Of Power in Brussels
“Reports From The Economic Front” is moving. For a short time it will appear at both its current location and future home. There is a lot to learn from the standoff in Brussels between Syriza and the...
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Victory: Greece Over The Troika
“Reports From The Economic Front” will soon be moving to its future home. It seems certain that the political economy textbooks of the future will include a chapter on the experience of Greece in 2015....
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Lessons From A Defeat In Europe
Reports From The Economic Front will soon be moving to its new location. The Troika are celebrating the end of negotiations with Greece, proclaiming that thanks to their tireless efforts the Eurozone...
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Signs Of Global Slowdown
Reports From the Economic Front will soon only be available at its new location, https://economicfront.wordpress.com/ There are growing signs that the global economy is slowly but steadily heading...
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