Economy Topics

Democracy Now! stories, posts and pages that relate to Economy

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  • Michael-hudson
    The Federal Reserve will pump $600 billion more into the US economy and keep interest rates at historical low levels. The short-term impact of the Fed’s move, known as quantitative easing, has been a jump in stock prices across the globe. Many nations, however, have accused the United States of waging a currency war by devaluing the dollar. We speak to former Wall Street economist and University of Missouri professor Michael Hudson. "The...
    Nov 05, 2010 | Story
  • Commission
    The co-chairmen of the bipartisan presidential deficit commission released a list of recommendations Wednesday on ways to reduce the nation’s deficit by $4 trillion by 2020. Co-chairmen Erskine Bowles and Alan Simpson have proposed raising the retirement age for Social Security to 69 by the year 2075, decreasing the cost of living benefits for Social Security recipients, imposing new limits on the Medicare health insurance program, and ending...
    Nov 11, 2010 | Story
  • Ba
    As we broadcast from Buenos Aires, we look at the economic rebellion of Argentina that took place after the government defaulted on $95 billion in foreign loans in 2001. The next two years saw record protests and social upheavals that changed the country’s political landscape. Today, Argentina’s current president Cristina Kirchner is in South Korea taking part in the G20 summit. We speak with Ezequiel Adamovsky, a historian and activist...
    Nov 12, 2010 | Story
  • Chang
    Ha-Joon Chang teaches economics at the University of Cambridge. He is the author of the forthcoming book 23 Things They Don’t Tell You About Capitalism. His previous book was titled Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism. [includes rush transcript]
    Nov 12, 2010 | Web Exclusive
  • C-west
    Princeton University professor and author Cornel West join us to talk about Rep. Charles Rangel (D-NY) being censured for ethics violations, President George W. Bush saying the worst moment of his presidency was when Kanye West called him a racist, and President Obama’s policies toward the poor. "The Obama administration seems to have very little concern for poor people and their social misery," West said. [includes rush transcript]
    Nov 19, 2010 | Story
  • 1chang
    Korean-born economist Ha-Joon Chang teaches economics at the University of Cambridge and is the author of the forthcoming book, 23 Things They Don’t Tell You about Capitalism. " [Obama] has to buy time to restructure the economy without creating a recession by sustaining this deficit spending, because otherwise our other option is going back to the 1930s," Chang says. "Don’t forget that in the 1930s a lot of countries started...
    Nov 19, 2010 | Story
  • Joe_nocera
    As federal agents raid the offices of three major hedge funds amidst news of a sweeping probe of insider trading at Wall Street firms, we speak with New York Times business columnist Joe Nocera about his new book All the Devils Are Here: The Hidden History of the Financial Crisis. The book describes how most of the underlying structures and key players behind the financial crisis have emerged relatively unscathed. [includes rush transcript]
    Nov 23, 2010 | Story
  • Maxneef
    We speak with the acclaimed Chilean economist, Manfred Max-Neef. He won the Right Livelihood Award in 1983, two years after the publication of his book Outside Looking In: Experiences in Barefoot Economics. "Economists study and analyze poverty in their nice offices, have all the statistics, make all the models, and are convinced that they know everything that you can know about poverty. But they don’t understand poverty," Max-Neef...
    Nov 26, 2010 | Story
  • Sanders
    The U.S. Senate is holding a key test vote today on President Obama’s controversial legislation that would extend the Bush-era tax cuts for the wealthiest Americans. The bill caused an uproar when it was announced last week, but no one voiced more powerful opposition than Senator Bernie Sanders (I-VT). He took to the floor of the Senate at 10:24 a.m. on Friday morning to denounce the tax-cut plan. He did not yield the floor back until 6:59...
    Dec 13, 2010 | Story
  • Dcj
    The U.S. Senate is on the verge of approving President Obama’s controversial tax deal with Republicans. Under the deal, Obama agreed to extend the Bush-era tax cut for the wealthiest Americans and reduce the estate tax in return for a 13-month extension of jobless benefits and a handful of tax credits for low- and moderate-income Americans. We speak to Pulitzer Prize-winning investigative journalist David Cay Johnston, author of Free Lunch:...
    Dec 14, 2010 | Story