Economics

Bernie Sanders’ campaign has published a fact sheet on how everything he proposes can be paid for. On that fact sheet we find this line in a list of items that collectively will pay for a Green New Deal: “Reducing…

Enhanced Medicare for All — that wild scheme that Michael Bloomberg calls “untried” because it’s only been tested for decades in virtually every wealthy nation on earth — would cost $450 billion a year less than the current U.S. system. In the…

By Anis Chowdhury and Jomo Kwame Sundaram In an annual ritual early in the year, most major economic organizations have released forecasts for the global economy in 2020. Incredibly, almost as a reminder of where financial power resides in this day…

By Robert Reich I wasn’t going to comment on Trump’s lie-filled State of the Union message but the whoppers were so big—especially on the economy—that I feel compelled. Here, for the record, is the real state of the union: 1. JOBS: Average…

Co-Written By Brian Czech and Riccardo Mastini Limits to Growth and the Environmental Movement No later than the 1960s, scholars wrote in rigorous terms of the limits to economic growth. Europeans such as E.F. Schumacher, Americans including Herman Daly, and…

The start of the New Year finds the world facing four looming threats to human progress: surging geopolitical tensions, the climate crisis, global mistrust and the downsides of technology, UN Secretary-General António Guterres said on Wednesday. Global tensions mounting For…

An important job of any U.S. president is to propose an annual budget to Congress. Shouldn’t it be a basic job of every presidential candidate to propose one to the public? Isn’t a budget a critical moral and political document…

by Subodh Varma 08 Jan 2020 India woke up on January 8, to witness the largest-ever strike with an estimated 25 crore (250 million) workers, employees, farmers and rural labourers stopping work and hitting the streets to protest against the…

Economists used to admire scientists. Now they ignore them at our peril. Katherine Trebeck for openDemocracy Back in the 1800s, scholars in the field of economics cast an envious glance at their colleagues in science. They envied physics, with its…

Being a universal city, any conflict happening somewhere on the planet usually ends up on New York’s streets. During the year we have been covering some of them, but while working on this article we were surprised by the scale…