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Public Spending

'Public-Private Partnerships' Sound Great, But Private Investment Requires Public Accountability

Donald Cohen | Posted 04.09.2014 | Politics
Donald Cohen

As America sought a path out of the shadow of the Great Depression, we quickly realized that austerity was not the answer. Rather than shove our hands in our pockets and mutter something about "the new normal," we opted to dream big.

An Open Letter to the One Percent

Anthony W. Orlando | Posted 01.25.2014 | Politics
Anthony W. Orlando

You worked hard for that money. No one can deny that. You have been rewarded for your talent, your intelligence, your risk-taking, your creativity, and your good fortune. The notion that you should change a system that has worked so well must seem downright stupid.

Subsidizing Energy Consumption: Why it's Wrong and What Can Be Done About it

Carlo Cottarelli | Posted 06.10.2013 | Business
Carlo Cottarelli

Let's face it. Everybody loves cheap energy. Almost all human activities require energy consumption and, if something is so basic, it seems pretty obv...

Employees Forced To Bring Their Own Toilet Paper To Work

The Huffington Post | Posted 03.21.2013 | Business

City officials in one Missouri town have come up with a simple plan to cut public spending: BYOTP. That's right, male public works employees in Wi...

In Times of Consecutive Crises, Is Fiscal Policy the Answer?

Otaviano Canuto | Posted 12.20.2012 | World
Otaviano Canuto

If teachers don't perform their duties in school and students don't learn, or roads are actually not constructed properly, fiscal policy will have little traction when it comes to growth and social welfare.

There's Even More Reason To Panic About The Fiscal Cliff

Reuters | Posted 12.29.2012 | Business

By Jason Lange WASHINGTON, Oct 28 (Reuters) - The United States runs the risk of a recession far deeper than many investors and polic...

Why It's Time To Speak Up For Libraries

Andrew Losowsky | Posted 07.29.2013 | Books
Andrew Losowsky

If information is power, then public libraries are the essence of democracy and freedom. Yet they are under threat from a litany of cuts.

A Five-Point Checklist To Prepare for Another Global Crisis

Marcelo Giugale | Posted 11.21.2011 | Business
Marcelo Giugale

Imagine you are minister of finance in an average developing country. Suddenly you learn that a new global crisis may be looming in the horizon.

Can an Orange Bracelet Turn Hearts in Washington?

Jim Wallis | Posted 05.25.2011 | Religion
Jim Wallis

2011-03-04-jw.jpgCutting programs that help the most vulnerable isn't going to get us out of financial trouble, or reduce the deficit in ways that we now need.

How Public Spending Can Help Countries Grow

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

Beyond the epicenter of the economic crisis -- the US and Western Europe -- public spending has had an indeterminate effect on spurring GDP growth in developing countries.

The Appeal of Austerity Is Fading -- Where Is Obama?

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

Where is the high-profile Obama speech making clear that the top priority for now is putting America back to work, and that deficit reduction will come when the economy is back on track?

Memorial Day Recap: War, Spending, and Employment

Marshall Auerback | Posted 05.25.2011 | Politics
Marshall Auerback

Apparently, we do not yet have the guts to shift from the neo-classical orthodoxy. Chicago school economics is still too much our religion. It persists until we all go on food stamps.

The New Deal in Reverse: How the Obama Administration Ended Up Where Franklin Roosevelt Began

Steve Fraser | Posted 05.25.2011 | Politics
Steve Fraser

Exactly because the New Deal showed itself ever readier to junk the ancien régime and say goodbye to its erstwhile corporate friends, it was rewarded handsomely at the polls. None of that, apparently, will be repeated in 2010.

Growth: Never More Needed, Never More Misunderstood

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

What constitutes real growth and the pathway to achieve it has never before been more confused. Real growth comes from empowering the private sector by cutting taxes and reducing public spending.

Why Contraception Saves Money and Prevents Abortion

Dr. Peter Klatsky | Posted 05.25.2011 | Politics
Dr. Peter Klatsky

While I respect the opinions of those who oppose abortion, I do not understand why those same leaders would then oppose policies proven to reduce abortions.

Mordor Brightens; Obama's Challenge -- And Ours

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

We have a long way to go to escape from the Dark Days. The test that may well determine the character of the Obama administration, whether it succeeds or fails, is the deepening recession.