Larry Elliott

Joseph Stiglitz: 'Trump Has Fascist Tendencies'

Harry Truman once demanded to be given one-handed economists because he became so frustrated with his advisers meeting every demand for answers with “on the one hand, on the other hand”.

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Climate Change Disaster Is Biggest Threat to Global Economy in 2016, Say Experts

A catastrophe caused by climate change is seen as the biggest potential threat to the global economy in 2016, according to a survey of 750 experts conducted by the World Economic Forum.

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End Fossil Fuel Subsidies Now and Start Carbon Tax, Urges World Bank Chief

Poor countries are feeling “the boot of climate change on their neck”, the president of the World Bank has said, as he called for a carbon tax and the immediate scrapping of subsidies for fossil fuels to hold back global warming.

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Dire Warning: Richest 1% Will Soon Control Half of World's Wealth

Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study found that – on current trends – by next year, 1% of the world’s population will own more wealth than the other 99%.

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US Jobless Figure Drops to Lowest Rate in Four Years - But It's Still Way Too High

The US unemployment rate fell to its lowest level in more than four years last month, but the addition of 162,000 new jobs to the world's biggest economy was lower than expected.

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The Consequences of Living in an Economic Free-For-All

Editor's note: The following is an excerpt from The Gods That Failed: How Blind Faith in Markets Has Cost Us Our Future by Larry Elliott and Dan Atkinson. Excerpted by arrangement with Nation Books, a member of the Perseus Books Group. Copyright © 2009.

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