by Gerald Friedman
Economists at the University of Massachusetts and elsewhere have thoroughly discredited research suggesting that cutting government spending will promote economic growth during a time of recession. Even while scholarship has exposed the fallacy of austerity economics and this news has reached wide audiences through Twitter and the Colbert Report, the United States government is embracing austerity’s policy prescriptions. While employment has barely kept up with the growth of the [...] read more >
Austerity Comes to America
by Gerald Friedman
WEDNESDAY MARCH 27TH, 2013 @ 6:00 – 7:30 PM (Arrive by 5:45)
640 PAGE BLVD, SPRINGFIELD, MA (Directions Here)
Western Mass Jobs W/ Justice and the Center For Popular Economics are putting on a workshop that couldn’t be more timely – a popular ed workshop on alternative housing models. Springfield No One Leaves/Nadie Se Mude plans to bring many members and all are invited, especially Springfield Residents. As we continue to grow [...] read more >
by Anastasia Wilson
Last year student debt ballooned to $1 Trillion. Months earlier in the previous year, it surpassed outstanding credit debt in total, making it a substantial part of the American household debt portfolio. This year, policy discussion is finally taking place to tackle both ends of the problem: Federal and private student loan debts.
As the so-called student loan crisis loomed, the Obama administration began to make [...] read more >
A new report from the ILO illustrates and explains the resilience of financial cooperatives. The report both traces the history of financial cooperatives since 1850 and takes an in depth look at their performance since the 2007-2008 financial crisis.
More at The Real News
In this interview on the Real News Network, James Boyce explains how economic inequality affects the environment. (Hint: it’s not good.)