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Underground Empire: How America Weaponized the World Economy BY HENRY FARRELL AND ABRAHAM NEWMAN. Henry Holt, 2023, 288 pp. Suppose that a company in Peru wants to do business with [...]

Nicholas Wapshott's ''Samuelson Friedman'' looks at a feud that continues to define the economic direction of the United States. SAMUELSON FRIEDMANThe Battle Over the Free MarketBy Nicholas Wapshott The New [...]

CAPITAL AND IDEOLOGY By Thomas Piketty Seven years ago the French economist Thomas Piketty released ''Capital in the Twenty-First Century,'' a magnum opus on income inequality. Economists already knew and [...]

FIREFIGHTING The Financial Crisis and Its Lessons By Ben S. Bernanke, Timothy F. Geithner and Henry M. Paulson Jr. For a few months in 2008 and 2009 many people feared [...]

Don't be fooled by today's low interest rates. The government could very quickly discover the limits of its borrowing capacity: An urgency to rein in budget deficits seems to be [...]

Global Warming A Second Inconvenient Truth George A. Akerlof PEOPLE think in terms of stories (or narratives). Tell the wrong story and you get yourself into trouble. American linguist-anthropologist-hobbyist Benjamin [...]

I've seen a number of people suggest that the 2020 election will be a sort of test: Can a sufficiently terrible president lose an election despite a good economy? And [...]

It's still very early, but Joe Biden has emerged as the clear front-runner for the Democratic nomination. Bernie Sanders is in second place, although he appears to be fairly far [...]

THIS FIGHT IS OUR FIGHT The Battle to Save America's Middle Class By Elizabeth Warren 337 pp. Metropolitan Books/Henry Holt & Company. $28. These days, one often hears laments that [...]

The article examines Milton Friedman's contributions to economic theory. It is posited that, as a highly visible political figure, Friedman backed the free market theory and thereby lost the freedom to question it as an independent, non-politicized economist.

How did a store become such a hot topic of national debate? Well, War-Mart isn't just any store. Since Sam Walton opened his first shop in Rogers, Ark., in 1962, […]

'This is not decay. It is organized destruction. Secularists and their allies have marshaled all the forces of mass communication, popular culture, the entertainment industry, and academia in an unremitting [...]

I.The Disappearing Middle When I was a teenager growing up on Long Island, one of my favorite excursions was a trip to see the great Gilded Age mansions of the [...]

A WHIFF OF THE 1930S IN THE SPRING of 1931 Austria's largest bank, the Credit Anstalt, was on the verge of collapse. The Austrian government could not simply stand by [...]

Normally, a party that gives away $2 trillion without worrying about where the money will come from can buy itself at least a few votes. But Donald Trump's tax cut [...]

So you go out for dinner with a wealthy acquaintance. 'I'll take care of everything,' he says, and orders you a hamburger. Then he orders himself an expensive steak and [...]

Over the past couple of months, Republicans have passed or proposed three big budget initiatives. First, they enacted a springtime-for-plutocrats tax cut that will shower huge benefits on the wealthy [...]

THE RISE AND FALL OF AMERICAN GROWTH The U.S. Standard of Living Since the Civil War By Robert J. Gordon Illustrated. 762 pp. Princeton University Press. $39.95. Back in the [...]

WHAT HAS NOT GONE RIGHT THE LATE 1980s were a good time for Europe: growth accelerated, unemployment fell, and dreams of European unity seemed within reach. A mood of almost [...]

DRAINING THE GLOBAL GLUT THE GREAT majority of those who voted for Lionel Jospins Socialists in the French elections earlier this year were surely voting against, not for: they were [...]

The Great Wave: Price Revolutions and the Rhythm of History. BY DAVID HACKETT FISCHER. New York: Oxford University Press, 1996, 536 pp. $30.00. Books that propound theories of history--that is, [...]

AFL-CIO president John J. Sweeney calls for -- what else? -- a rejuvenation of the U.S. labor movement in America Needs a Raise: Fighting for Economic Security and Social Justice [...]

Robert J. Samuelson, Times Books, $25 Robert Samuelson has a well-deserved reputation as one of die world's more thoughtful economic journalists. In a profession whose members are often partisan, ill-informed, [...]

To a naive reader, Edward N. Wolff's Top Heavy: A Study of the Increasing Inequality of Wealth in America might seem unlikely to provoke strong emotional reactions. Wolff, a professor [...]

To a naive reader, Edward N. Wolff's Top Heavy: A Study of the Increasing Inequality of Wealth in America might seem unlikely to provoke strong emotional reactions. Wolff, a professor [...]

To a naive reader, Edward N. Wolff's Top Heavy: A Study of the Increasing Inequality of Wealth in America might seem unlikely to provoke strong emotional reactions. Wolff, a professor [...]

The rhetoric of competitiveness - the view that, in the words of President Clinton, each nation is 'like a big corporation competing in the global marketplace' - has become pervasive [...]

Last year, after an earlier stock market swoon brought on by headlines about the U.S.-China trade conflict, I laid out three rules for thinking about such events. First, the stock [...]

Donald Trump's declaration that 'trade wars are good, and easy to win' will surely go down in the history books as a classic utterance --but not in a good way. [...]

We're now in the silly season of the Democratic primary--a season that, I worry, may last all the way to the nomination. There are many honorable exceptions, but an awful [...]

Where is our global economy headed in the 1990s? The most fashionable script says that we are moving into an age of unprecedented international economic integration, that market technology, telecommunications, [...]

A little over a year ago, Amazon invited cities and states to offer bids for a proposed second headquarters. This set off a mad scramble over who would gain the [...]