Stories by Thomas Palley

Thomas Palley is the founder of the Economics for Democratic & Open Societies Project. Read more of his work at www.thomaspalley.com.subscribe to Thomas Palley's rss feed

Debate Continues, but There's Little Doubt Speculators Are Adding to Pain at the Pumps

Posted on Aug 28, 2008, Source: AlterNet

Many economists are saying that oil markets are working as they should, but their arguments are weak.

Bush Gives Big Iron a Steely Grip on a Key Sector of the Economy

Posted on Jul 8, 2008, Source: Thomaspalley.com

The Iron-ore industry was already concentrated in the hands of a few mega-firms -- now it will be an even smaller group.

Beating the Oil Barrons

Posted on Jun 27, 2008, Source: Project Syndicate

The scale of the oil price spike exceeds normal demand and supply factors, pointing to the role of speculation.

Taxes and the Cult of Home Ownership

Posted on May 9, 2008, Source: AlterNet

Home mortgage deductions and other bennies for homeowners are supposed to help the middle class, but they're actually burying it.

The Curse of the Clintons

Posted on Apr 30, 2008, Source: AlterNet

The truth is they have become a curse for Democrats and not an asset.

How the Right Hijacked America's Economic Model

Posted on Apr 19, 2008, Source: AlterNet

The capture of Keynesianism has been a gradual process.

The Fed and Crony Capitalism

Posted on Mar 25, 2008, Source: AlterNet

The Fed's decision to grant Wall Street access to special borrowing facilities constitutes a massive subsidy to the irresponsible.

How Obama or Clinton Can Win the Edwards Vote

Posted on Feb 9, 2008, Source: AlterNet

Either of the front-runners could own Edwards' position on economic justice.

Democrats: What is the Meaning of Change?

Posted on Jan 1, 2008, Source: AlterNet

Does change mean sticking with the political playing field we now have and just putting in a new quarterback?

Hillary Embraces "Rubinomics"; Market Fundamentalism Lives

Posted on Oct 10, 2007, Source: AlterNet

At their heart, Hillary Clinton's economics, like Bill's before her, are based on the false premise that America can't afford a robust social safety net.

The New Economics of Trade: Factories on Barges and the Race to the Bottom

Posted on Oct 1, 2007, Source: AlterNet

Jack Welch, former CEO of General Electric, captured the new rules of the global economy when he talked of ideally having "every plant you own on a barge."
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