The Winter of Global Economic Discontent
The global economy is being sucked into a black hole and most Americans have no idea why. The whole problem can be narrowed down to two words; "structured finance". Structured finance is a term that designates a sector of finance where risk is transferred via complex legal and corporate entities. It's not as confusing as...
Read MoreAn Interview With Robert Pollin
Robert Pollin is a Professor of Economics and founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts at Amherst. Among his recent books are Contours of Descent: U.S. Economic Fractures and the Landscape of the Global Austerity (Verso, 2003) and (with Stephanie Luce) The Living Wage: Building a Fair Economy...
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