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Is Brazil No Longer The Country Of The Future?

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Written by: Melvyn Levitsky, University of Michigan

Is Brazil No Longer The Country Of The Future?When I first served in Brazil in the mid-1960s as a young American diplomat stationed at a small consulate in Belem on the mouth of the Amazon River, the country was in its second year of a 20-year military regime.

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Why Don’t Prime-Age Workers Feel Like Working?

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Written by: Dean Baker and Kevin Cashman, CEPR

Why Don’t Prime-Age Workers Feel Like Working?According to many economists, the economy is at or near its full employment level of output; see, for example, the San Francisco Federal Reserve President’s recent comments.

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Why We Must End Upward Pre-distributions To The Rich

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Written by: InnerSelf Staff

pWhy We Must End Upward Pre-distributions To The RichYou often hear inequality has widened because globalization and technological change have made most people less competitive, while making the best educated more competitive. There’s some truth to this. The tasks most people used to do can now be done more cheaply by lower-paid workers abroad or by computer-driven machines.

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The Actual Impact of the Trans-Pacific Partnership on Trade

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Written by: Dean Baker

The Impact of the Trans-Pacific Partnership on TradeThe United States International Trade Commission (USITC) recently came out with projections on the economic effects of the Trans-Pacific Partnership (TPP) trade deal. The USITC’s report is the third major study on the TPP from the past two years.

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Rule-breaking Iceland Completes Its Miracle Economic Escape

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Written by: Alan Shipman, The Open University

In the red. Fishing boats ready for launch. Johnny Peacock/Flickr, CC BY-NC-NDDisgruntled Icelanders recently forced their prime minister to quit, and are threatening to hand power to self-styled pirates at an early election. But whereas other European voters are culling traditional parties out of weakness, Reykjavik’s are rebelling out of strength.

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Reducing Energy Use Is A Big Winner For Business

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Written by: Wei Sue, Monash University

Reducing Energy Use Is A Big Winner For BusinessCompanies could improve their profits by 2-10% each year by saving energy. That’s just one of the findings of ClimateWorks Australia’s Energy Productivity Index, a world-first attempt to assess companies' energy performance and help investors make better decisions.

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How Limiting Women's Access To Birth Control And Abortions Hurts The Economy

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Written by: Michele Gilman, University of Baltimore

How Limiting Women's Access To Birth Control And Abortions Hurts The EconomyReproductive health isn’t just about abortions, despite all the attention they get. It’s also about access to family planning services, contraception, sex education and much else.

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The Federal Reserve Has An Urge to Raise Interest Rates

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Written by: Dean Baker

The Federal Reserve Has An Urge to Raise Interest RatesThe Federal Reserve Board's Open Market Committee (FOMC) decided not to raise interest rates at its meeting last week. However, the FOMC also made clear that a rate hike was still an option for its June meeting.

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What’s Destroying the American Middle Class?

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Written by: Richard Eskow, OurFuture.org

What’s Killing the American Middle Class?A new study by the Pew Research Center spurred a rash of headlines last week about “the dying middle class.” But the word “dying” might be more appropriate if we were watching the regrettable but inevitable effects of natural forces at work.

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Why the Economy Should Stop Growing And Just Grow Up

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Written by: David Korten, YES! Magazine

Why the Economy Should Stop Growing And Just Grow Up“How do we grow the economy?” is an obsolete question. Local initiatives across the world are looking for maturity instead as they rebuild caring, place-based communities and economies.

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What Can Donald Trump Teach Us About the National Debt?

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Written by: Dean Baker, CEPR

dean baker 5 9Many people might think that Donald Trump can only teach the country how to offend women, African Americans and a range of non-European ethnic groups. While that may be his area of expertise, it seems that his rants on dealing with debt may actually provide a teachable moment. As a result, the country, and possibly even the policy elites, may get a better understanding of when and how debt can pose a problem.

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What Is Wrong With America's Civic Education

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Written by: Peter Levine, Tufts University

What Is Wrong With America's Civic EducationAny election demands knowledge, attention and wisdom from the whole electorate. When a campaign season does not seem to be going well, there’s often angst about whether the public has been sufficiently educated.

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The 4th Largest Economy In The World Just Generated 90 Percent Of The Power It Needs From Renewables

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Written by: Jeremy Deaton, ThinkProgress

german solar 5 10On Sunday, for a brief, shining moment, renewable power output in Germany reached 90 percent of the country’s total electricity demand.

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Truck Stop: How One of America’s Steadiest Jobs Turned Into One of Its Most Grueling

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Written by: Steve Viscelli, The Atlantic

truck stop 5 10

I met Claudio at a Midwestern truck stop just before the Great Recession. At the time, I was a sociology grad student trying to understand how long-haul trucking had gone from one of the best blue-collar jobs in the U.S.

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Yes, The Economy Really Is Rigged

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Written by: Dean Baker, CEPR

Yes, The Economy Really Is RiggedI see Greg Mankiw used his NYT column to tell folks that politicians are spinning tales when they say the economy is rigged. I would say that economists spin tales when they tell you it is not. (Mankiw and I just ran through this argument on a panel in Boston last week.) Let's quickly run through the main points.

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Why Big Cable Is Bad News for the Internet

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Written by: Tim Karr, BillMoyers.com

Why Big Cable Is Bad News for the InternetI’m going to let you in on a little secret about the Internet: Big cable companies hate it. That’s a bad thing because for most Americans big cable companies are the on-ramps to the wired world.

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What’s Behind Huge Academic Gap At U.S. Public Schools?

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Written by: Jonathan Rabinovitz, Stanford University

"The socioeconomic profile of a district is a powerful predictor of the average test score performance of students in that district," says Sean Reardon. "Nonetheless, poverty is not destiny: There are districts with similarly low-income student populations where academic performance is higher than others." (Credit: Ian Koski/Flickr)"The socioeconomic profile of a district is a powerful predictor of the average test score performance of students in that district," says Sean Reardon. "Nonetheless, poverty is not destiny: There are districts with similarly low-income student populations where academic performance is higher than others."

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Having Babies Before Age 25 May Cost Women More Income

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Written by: Gerry Everding, Washington University in St. Louis

"Children do not kill careers, but the earlier children arrive the more their mother's income suffers. There is a clear incentive for delaying," says coauthor Raul Santaeulalia-Llopis. (Credit: Thomas Angermann/Flickr)"Children do not kill careers, but the earlier children arrive the more their mother's income suffers. There is a clear incentive for delaying," says coauthor Raul Santaeulalia-Llopis.

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What Small Farms Need to Compete With Corporate Food

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Written by: Kate Stringer, YES! Magazine.

What Small Farms Need to Compete With Corporate FoodMost small farms have to follow the same rules as big corporate ones. In Maine, flexible food ordinances have increased the number of small farmers.

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Why Efforts to Privatize The VA Health System Are A Scam

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Written by: Dean Baker, CEPR

Why Efforts to Privatize The VA Health System Is A ScamThere are few areas where there is more bipartisan support than the need to provide adequate health care for the country's veterans. While many of us opposed the war in Iraq and other recent military adventures, we still recognize the need to provide medical services for the people who put their lives at risk.

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Are Robots Really Taking Our Jobs?

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Written by: Moshe Y. Vardi, Professor of Computer Science, Rice University

Are Robots Really Taking Our Jobs?If you put water on the stove and heat it up, it will at first just get hotter and hotter. You may then conclude that heating water results only in hotter water. But at some point everything changes – the water starts to boil, turning from hot liquid into steam. Physicists call this a “phase transition.”

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