Political Economy

The Truth About the President and the Deficit

By Bob Cesca: Arguably the biggest lie coming from the Republicans and the Romney campaign is that President Obama is a tax and spend liberal who’s responsible for record deficits and a crushing national debt. Not only is Mitt Romney telling his supporters that Presid …

[Greek] Elections 2012: Live news blog, May 17 | Athens News

1.10pm Parliament's 300 MPs were sworn in shortly before noon. This, the shortest-lived parliament in the country's, is due to be dissolved on Friday by President Papoulias to pave the way for new elections on June 17. Just back from parliament, our Costas Papachlimintzos repo …

Republicans Will Never Admit that America's Economic Woes Are Solely Their Fault

Republicans are not serious about cutting the deficit any more than they are serious about creating jobs. There is not one Republican who can cite how reducing the nation’s debt will create one job, but they have done their best to fool Americans into believing that de …

Opinion: Facts show Democrats are job creators

I delivered the faculty graduation address last weekend at the University of California, Berkeley’s Goldman School of Public Policy. It’s one of the nation’s best and the reason is its emphasis on rigorous data analysis. Any public policy wonk worth her salt mus …

Gov. Walker Disregards Official Jobs Data Now That It Shows Wisconsin Losing Most Jobs In The Nation

Disappointed that official government data showed his state was the worst in the nation for job creation over the last 12 months, Wisconsin Gov. Scott Walker (R) decided to release his own numbers today. But even if Walker’s new calculations have merit, he’s nowhere c …

Merkel-Hollande Meeting Yields Greece Growth Signal - Bloomberg

Requests for measures to bolster growth will be“considered” and the European Union may also “approach Greece with proposals,” Merkel said late yesterday at a joint press conference with Hollande during his first official visit to Berlin. “Greece ca …

Mitt Romney Debt Speech Ignores Key Facts

WASHINGTON (AP) — When Republican presidential hopeful Mitt Romney decried the "prairie fire" of U.S. debt Tuesday, he ignored some of the sparks that set it ablaze.

FACT CHECK: Romney oversimplifies debt 'inferno'

 When Republican presidential hopeful Mitt Romney decried the "prairie fire" of U.S. debt Tuesday, he ignored some of the sparks that set it ablaze. One was the Great Recession that took hold before Barack Obama became president. That landmark event went unmentioned in Romn …

CHART: Spending, Taxes, And Deficits Are All Lower Today Than When Obama Took Office

Federal spending is lower now than it was when President Obama took office. I’ll pause to let you absorb the news. In January 2009, before President Obama had even taken the oath of office, annual spending was set to total 24.9 percent of gross domestic product. Total spen …

Curt Schilling video game co. 38 Studios, Kingdoms of Amalur, in trouble in R.I. - Boston Business Journal

38 Studios, the video game startup founded and funded by former Boston Red Sox ace Curt Schilling, is reportedly in troubled waters just three months after releasing Kingdoms of Amalur, its first title. Ocean State economic development officials are reportedly working to keep  …

Political Economy

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Established: 4/2008
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Historically, Political Economy referred to what we today would regard as Economics, and most early economists, from Adam Smith to Karl Marx, conceive …

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