Posted on April 13, 2016 by Doug Henwood
Just posted to my radio archive: April 7, 2016 David Howell on the increase of the minimum wage to $15 in California and New York • Vidar Thorsteinsson, author of this article, on the political crisis in Iceland unleashed by the Panama Papers March 31, 2016 Nikil Saval, author of this article, on the hippie-inspired new architecture of the Silicon Valley • Alfredo Saad Filho on the ongoing political and economic crisis of Brazil
Posted on January 3, 2010 by Doug Henwood
Just a few words on the economic news today because we’re jam-packed with interview material. Iceland, whose economy collapsed when its bubble burst last year, is getting the full IMF treatment. At first, I’d wondered if a Nordic country would get some special ethnic exemption from the typical austerity program, imposed on desperate countries in exchange for loans from the Fund. It hasn’t. On the “advice” of the IMF, the country is raising its sales tax to 25.5%. Low-income taxpayers will get a break on their income taxes as partial recompense, but… Read More
Posted on January 3, 2010 by Doug Henwood
Radio commentary, December 24, 2009
Just a few words on the economic news today because we’re jam-packed with interview material. Iceland, whose economy collapsed when its bubble burst last year, is getting the full IMF treatment. At first, I’d wondered if a Nordic country would get some special ethnic exemption from the typical austerity program, imposed on desperate countries in exchange for loans from the Fund. It hasn’t. On the “advice” of the IMF, the country is raising its sales tax to 25.5%. Low-income taxpayers will get a break on their income taxes as partial recompense, but… Read More