Are Americans Better Off than Their Parents?
A new report from the Pew Economic Mobility Project has some observers celebrating how well Americans are doing compared to their parents. But the report's figures, upon closer inspection, give...
Salvatore Babones
Austerity Syndrome: Suicides Are Only the First Symptom
Forget the economic news. The health news from Greece is far more grim. Drug companies aren't supplying basic medicines. Hospitals are turning away patients needing surgery. Suicides are up 40%....
The Economy Is Growing; It’s the Realonomy That’s in Recession
Popular opinion and press punditry has it that we're still in a recession, the Great Recession, that started in 2008 and has gone on for five years now. The reality...
An American Financial Transactions Tax? Don’t Hold Your Breath
America has finally started talking about a financial transactions tax (FTT) on Wall Street. About time. Academics have always known that FTTs are among the most efficient, best-targeted, least painful...