There is little doubt that the global one percent is winning. In fact, a new study has found that the number of billionaires reached an…
Economic growth
As John Williams has made clear, the monthly payroll jobs number consists mainly of an add-on factor of 200,000 jobs. These jobs are a product…
Hopes of US interest rate rises were pushed into the distance on Friday, as figures showed that the world’s largest economy had slowed sharply and…
Most of us have never witnessed an economic “recovery” this bad. As you will see below, the average rate of economic growth since the last…
Neoliberalism’s mantra of “privatizing everything in sight” and elimination, or cutbacks, of governmental programs, aka: austerity, especially public healthcare, is a death warrant for millions,…
Inequality in the U.S. depends on how you look at it: Some groups of rich households, for example, have fared much differently than others. Such nuances…
Our present generation is living out of the spiritually vacuous philosophies of modernism and post-modernism, the cancerous ideologies of free-market economics and unrestrained economic growth,…
Italy is running out of economic time. Seven years into an ageing global expansion, the country is still stuck in debt-deflation and still grappling with…
Progressive Radio Network, May 01, 2016 This past week the U.S. government announced the country’s economy rose in the January-March 2016 at a mere 0.5…
Comparing the growth in the number of full time jobs versus the growth in new home sales starkly illustrates both the horrible quality of the new jobs,…
If the rest of the world ate like Americans, the planet would have run out of freshwater 15 years ago, according to the world’s largest…
The International Monetary Fund’s “World Economic Outlook” (WEO), released Tuesday in advance of this week’s semiannual meetings in Washington of the IMF and World Bank,…