As Europe reminds us, it prevents recession-battered economies from growing. The alternative is to prime the economic pump by having governments engage in fiscal and monetary stimulus.

Debtors' Prison should be required reading for anyone who influences economic policy in this country. Open-minded readers should come away convinced that we need to reject the economics of despair for an economics of hope.

The austerity policies that gripped the world in the face of the global economic downturn have not worked. Unless the intent was to make a bad situati...

If we're going to fight a binary struggle, it should be populist versus corporatist. That's the only real division in this country right now. Are you on the people's side, or on big money's side?

Republicans want to kill the government that accomplished that. They want to go back to Downton Abbey days. The rich stay rich; the poor stay servants.

Media touted the event without looking deeper. Clips the day after did the same. Nary a mention of Pete Peterson or his vicious austerity agenda which will slash government spending, kill jobs, condemn students to higher rates of debt and make it much harder for graduates to succeed.

Fix the Debt did a dance flash mob in Farragut Square in downtown Washington, D.C., around noon on Friday. Two participants expressed concern about the debt, but did not want to cut Social Security.

The debate over fiscal responsibility has been muddled by the Great Recession; inevitably, perhaps, arguments over long-term fiscal problems have been conflated with debates over short-term recovery programs. Both debates have suffered terribly as a consequence.

It's as if the entire economic recovery is going into the pockets of the rich. And that's no accident. Here's why.

Even a minimal "vision" of an America that can still accomplish something would appear to be far more uplifting than the austerity snake oil the current crop of Republican politicians keep pushing.

Rep. Paul Ryan (R-Wis.) belittled progressives during a speech at the conservative American Enterprise Institute on Wednesday. “Progressivism is ...

The nation's unemployment rate would probably be nearly a point lower, roughly 6.5 percent, and economic growth almost two points higher this year if ...

As the austerity's intellectual claims are discredited, its advocates are confronted with a choice: Face their own errors, correct them, and participate in honest discourse. Or cover up, obfuscate, and (in Niall Ferguson's case) turn mean and desperate.

WASHINGTON -- Companies in the Fix the Debt coalition, which advocates for federal austerity policies, qualified for $1 billion or more in tax breaks ...