Economy

How to break the 40-year working class losing streak

by |August 17th, 2017

As featured in the Boston Globe | August 17, 2017 The Chicago Cubs broke a 108-year drought by winning the World Series last year. American workers are in a 40-year drought, but with the right game plan, they too can start to win. Consider first the sorry facts. The median inflation-adjusted earnings of full-time male workers peaked in… read more

Ending the Ronald Reagan lie

by |July 11th, 2017

As featured in the Boston Globe  | July 11, 2017 As they return from the July Fourth break, the Republican leadership is twisting in agony on the Obamacare repeal and it couldn’t happen to a more miserable bunch. President Trump, House Speaker Paul Ryan, and Senate majority leader Mitch McConnell have been trying to jam through a… read more

Categories: Economy, Policy, Politics

America, we still have a jobs problem

by |July 7th, 2017

As featured on CNN.com | July 7, 2017 For those with a college degree or above, life is good. Jobs are plentiful, incomes are rising, inflation is low, health is broadly improving, and the impacts of the new information technologies — from smartphones to e-commerce to ubiquitous information — are generally beneficent. For those without a college… read more

Tax reform that works for all

by |June 27th, 2017

As featured in the Boston Globe| June 27, 2017 THE REPUBLICANS are trying to jam a reckless health care bill through Congress so that they can move on to their real objective: another round of deep tax cuts for the rich, paid for by deep cuts in public services, more debt on the backs of the young,… read more

Categories: Economy, Policy, Politics

Will Economic Illiteracy Trigger a Trade War?

by |April 20th, 2017

As featured in Project Syndicate | April 20, 2017 Nearly 100 days after US President Donald Trump took office, he and his commerce secretary, Wilbur Ross, continue to commit an economic fallacy that first-year economics students learn to avoid. They claim that America’s current-account deficit (or trade deficit), which is in fact the result of America’s low and… read more

Trump and the Doomsday Clock

by |February 12th, 2017

As featured in the Boston Globe | February 12, 2017 The most chilling concern about Donald Trump is the worldwide fear that he puts our very survival at risk. This is not loose talk or partisanship. It was recently expressed by the most thoughtful experts who monitor the risks to our survival: The Science and Security… read more

Categories: Climate Policy, Economy

Donald Trump’s Dangerous China Illusions

by |February 5th, 2017

As featured in the Boston Globe | February 5, 2017 Today’s China offers a rude awakening for Americans who believe that the United States and the United States alone should dominate world power. Donald Trump seems to count himself among these neoconservatives, and China is their deepest phobia today. Trump is following a game plan that… read more

Categories: Economy