Tag Archives: jobs

Full Employment and the Path to Shared Prosperity

Full Employment and the Path to Shared Prosperity
There are many policies that can reduce inequality, but there is none as straightforward conceptually and as difficult politically as full employment. The basic point is simple: at low rates of unemployment, the demand for labor allows workers at the middle and bottom of the wage distribution ... Read more

Saving American Cities

Saving American Cities
So we've talked about before about what the Fed could do in terms of trying to force banks to invest more in the economy. They've been shoveling money to the big banks to keep them liquid. Of course, it's done far more than just keep them liquid. They've used all this money and they've been making a killing, a killing, ... Read more

The Rules of Revolt

The Rules of Revolt
There are some essential lessons we can learn from the student occupation of Beijing’s Tiananmen Square, which took place 25 years ago. The 1989 protests began as a demonstration by university students to mourn the death of Hu Yaobang, the reformist Communist Party chief who had been forced out by Deng Xiaoping. The ... Read more

Enthusiasm High for a New Economy for Baltimore

Enthusiasm High for a New Economy for Baltimore
With growing recognition that the economy fails to serve the interests of most people, alternative institutions and processes based on economic democracy are beginning to pop up everywhere. This movement points to what is called by some as “the New Economy.” Throughout the country people are ... Read more

Worst. Anniversary. Ever. #TrillionDollarDebt

Worst. Anniversary. Ever. #TrillionDollarDebt
This week marks the two-year anniversary of student loan debt topping $1 trillion nationally — and another year of missed opportunities to address this growing crisis. That $1 trillion represents the second-largest personal debt in the United States. But even that jaw-dropping reality doesn’t tell the ... Read more

40% Of US Workers Now Earn Less Than 1968 Minimum Wage

40% Of US Workers Now Earn Less Than 1968 Minimum Wage
Are American workers paid enough? That is a topic that is endlessly debated all across this great land of ours. Unfortunately, what pretty much everyone can agree on is that American workers are not making as much as they used to after you account for inflation. Back in 1968, the minimum ... Read more