Dr. Jack Rasmus is a professor of political economics at St. Mary’s College and Santa Clara University in California. Prior to teaching, he was an…
Great Recession
Americans are living right on the edge — at least when it comes to financial planning. Approximately 62% of Americans have less than $1,000 in…
They consist of 16,000 individuals, about the size of a crowd at a professional basketball game. The inequality horror they've fomented is reaching far beyond…
Sure, last year was the first pre-election year stock market loss since the Great Depression. And admittedly, this week was the worst opening week of…
In my column on Friday I reported the unreported facts in the payroll jobs report. http://www.paulcraigroberts.org/2016/01/08/another-fabricated-jobs-report-paul-craig-roberts-2/ If we choose to believe the report, it is…
Economic forecasters exist to make astrologers look good, but I’ll hazard a guess. I expect the U.S. economy to sputter in 2016. That’s because the…
The move raises critical questions about the global economy for 2016, already slowing significantly since 2014. Further global slowdown is now almost certain in 2016…
The latest signs of an improving economy were good enough to help persuade the Federal Reserve to raise interest rates for the first time in…
NEW YORK – The year 2015 was a hard one all around. Brazil fell into recession. China’s economy experienced its first serious bumps after almost…
Economic forecasting is a mug’s game. One thing that has been learned from the financial crisis and Great Recession is that even those equipped with…
Some of the folks watching the Republican presidential debates were struck by the fact that Donald Trump was apparently unfamiliar with the concept of the…
Some of the folks watching the Republican presidential debates were struck by the fact that Donald Trump was apparently unfamiliar with the concept of the…