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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.

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

Many economists are saying that oil markets are working as they should, but their arguments are weak.
Posted on Aug 28, 2008

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

The Iron-ore industry was already concentrated in the hands of a few mega-firms -- now it will be an even smaller group.
Posted on Jul 8, 2008

Beating the Oil Barrons

The scale of the oil price spike exceeds normal demand and supply factors, pointing to the role of speculation.
Posted on Jun 27, 2008

Taxes and the Cult of Home Ownership

Home mortgage deductions and other bennies for homeowners are supposed to help the middle class, but they're actually burying it.
Posted on May 9, 2008

The Curse of the Clintons

The truth is they have become a curse for Democrats and not an asset.
Posted on Apr 30, 2008

How the Right Hijacked America's Economic Model

The capture of Keynesianism has been a gradual process.
Posted on Apr 19, 2008

The Fed and Crony Capitalism

The Fed's decision to grant Wall Street access to special borrowing facilities constitutes a massive subsidy to the irresponsible.
Posted on Mar 25, 2008

How Obama or Clinton Can Win the Edwards Vote

Either of the front-runners could own Edwards' position on economic justice.
Posted on Feb 9, 2008

Democrats: What is the Meaning of Change?

Does change mean sticking with the political playing field we now have and just putting in a new quarterback?
Posted on Jan 1, 2008

Hillary Embraces "Rubinomics"; Market Fundamentalism Lives

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.
Posted on Oct 10, 2007

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

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."
Posted on Oct 1, 2007