Even elite economists are throwing punches.
The reason is quite simple: Those workers are also consumers. When the 99 percent earn more, they spend more, and the one percent can produce more and earn more themselves.
Galbraith, one of the top progressive economists in the country, said it would be a mistake to equate Lew's tenure at Citi
As the fiscal year comes to a close, President Barack Obama is facing another trillion dollar deficit, and he likely will
Nor was Krugman the only economist to draw a Great Depression comparison. Martin Feldstein, Harvard professor and former
Whether or not the the #Occupy Wall Street protesters explicitly adopt policy proposals or only generate political energy for the spirit of them, the Krugman/Stiglitz Army is at last on the march.
IMF Executive Director Dominique Strauss-Kahn is "cool under fire", as Central European University President John Shattuck said when introducing him, and didn't break his stride during his presentation at Kings College, University of Cambridge.
Fox News host Stuart Varney has lashed out at University of Texas economist James Galbraith for teaching his students "naked
In June 2008, I used this space to call on then-Sen. Barack Obama to add economist James K. Galbraith's book, "The Predator
Arguing that Obama's economic approach is failing were James Galbraith of the University of Texas; Carnegie Mellon's Allan
In the last few years - even the last few decades, financial interests have used the lack of regulatory controls and increased
At a time when many are questioning President Obama's commitment to transparency, he has announced that he wants to give more power to oversee systemic risk in the economy to the very non-transparent Federal Reserve.