In The Case for a Job Guarantee, Pavlina R. Tcherneva argues that a job guarantee that provides an employment opportunity to anyone looking for work, regardless of their personal circumstances or the state of the economy, not only makes good economic sense, but is vital for people’s wellbeing. As discussions of a universal job guarantee have never been timelier, […]
Book Review: The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie Kelton
In The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy, Stephanie Kelton dispels six key myths that have shaped the conventional understanding of deficits as inherently bad, instead arguing that deficits can strengthen economies and lead to faster growth. This book is a triumph, writes Professor Hans G. Despain, shifting normative grounds of government spending […]
Companies cannot expect to simply pack up shop, lock the doors, turn out the lights, and move back home, writes Rosemary Coates.
We are in a global crisis. It’s a matter of life and death. There are still shortages of supplies and equipment around the world including acute shortages in America. We know there is plenty of manufacturing capability around […]
In Liberalism at Large: The World According to the Economist, Alexander Zevin traces the 177-year history of the Economist newspaper, positioning the Economist not only as a lens for understanding reinterpretations of liberalism across different eras, but also as an active participant in influencing policy and public debate. This is a rigorous and meticulously researched study of the Economist’s […]
An unequal labor market means that COVID-19 has been especially harmful for vulnerable groups including people with disabilities.
Employment across the world has taken a huge hit because of the COVID-19 pandemic. Michelle Maroto and David Pettinicchio write that existing inequalities in earnings and employment mean that individuals with disabilities and other vulnerable groups have been especially affected by the COVID-19 pandemic.
The COVID-19 pandemic and the social distancing measures taken to combat its spread have created huge […]
Book Review: Hustle and Gig: Struggling and Surviving in the Sharing Economy by Alexandrea Ravenelle
In Hustle and Gig: Struggling and Surviving in the Sharing Economy, Alexandrea Ravenelle offers a new ethnographic study that examines working life for people in the gig economy that was so lauded as a way out of unemployment after the 2008 financial crisis, focusing on Uber, TaskRabbit, Kitchensurfing and AirBnB. Johannes Lenhard praises the breadth of sectors covered and […]
As COVID-19 progresses, it will probably catalyse a long-overdue reckoning with the core structures of the political economy. This will be particularly important for the beleaguered meatpackers in the United States, writes Paul Apostolidis.
“The guy at the plant said they had to work to feed America.” That’s what The New York Times reported Willie Martin said about his mother, […]
This crisis is a metaphor for our general failure to entertain, let alone take actions to mitigate, global systemic risk, writes Leslie Willcocks.
Commentators have suggested that the global economy and just about everything else will be irreversibly changed as a result of the coronavirus pandemic. There will be a before-coronavirus and an after-coronavirus world. Ironically, with a few exceptions […]
Two years ago President Trump introduced tariffs on Chinese steel and aluminum imports, ostensibly to protect US jobs and markets. Mark S. Langevin writes that these tariffs – and China’s retaliation against US soybean exports – may have hit communities in swing states like Pennsylvania, Michigan and Wisconsin the hardest, potentially making his road to reelection rockier this year.