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Steven Pressman

Steven Pressman

Professor of Economics, Colorado State University

Steven Pressman is Professor of Economics at Colorado State University, in Fort Collins, Colorado and Emeritus Professor of Economics and Finance at Monmouth University in West Long Branch, New Jersey. In addition, he serves as North American Editor of the Review of Political Economy, and as Associate Editor of the Eastern Economic Journal. His main research areas are poverty and income distribution, post-Keynesian macroeconomics, and the history of economic thought. Over the past three decades, Pressman has published more than 150 articles in refereed journals and as book chapters, and has authored or edited 17 books, including Understanding Piketty’s Capital in the 21st Century (Routledge, 2015). A New Guide to Post Keynesian Economics (Routledge, 2001), Alternative Theories of the State (Palgrave Macmillan, 2006), and 50 Major Economists (Routledge, 2013), which has reached its third edition and has been translated into five different languages.He is a frequent contributor to newspapers and regularly appears on TV to discuss economic issues.

GOP tax plan doubles down on policies that are crushing the middle class

Dec 20, 2017 18:06 pm UTC| Insights & Views Politics

The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...

Poor and middle-income families need a better way than 529s to save for college

May 27, 2017 02:57 am UTC| Insights & Views Economy

A college education is increasingly necessary for success in todays economy. Its also increasingly expensive. Americans with a college degree earn, on average, US$1 million more over the course of their lives than those...

What France and the UK can teach Trump about reviving America's middle class

May 12, 2017 10:39 am UTC| Insights & Views Politics

Americas middle class is in deep trouble. Signs of its decline are everywhere, from stagnant incomes and falling wealth to soaring household debt and the rise of populist politicians promising a return to the glory...

What Donald Trump's surprise victory means for the economy and business

Nov 09, 2016 19:02 pm UTC| Insights & Views Economy

Editors note: Donald Trump stunned the polls and the pundits to win the 2016 U.S. presidential election. So what will his victory mean for the economy, businesses and financial markets? We asked four of our regular...

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Economy

U.S. Treasuries reverse losses in quite trading session ahead of initial jobless claims, 7-year auction

The U.S. 10-year Treasury yield hovered around the 3.00 mark during late European session Thursday, albeit remaining on the downside ahead of todays initial jobless claims data and the 7-year note auction, also due today...

German bunds climb after GfK consumer climate index disappoints; eyes on ECB’s monetary policy decision

The German bunds climbed Thursday after the countrys GfK consumer climate index for the month of May disappointed market expectations, while investors remain keen to watch the European Central Banks (ECB) monetary policy...

Trade dispute rattles markets and investors’ confidence; U.S. to grow 2.6 pct in 2018, says Wells Fargo

Expectations for near-term economic growth have been scaled back as the rhetoric surrounding the trading relationship with China have heated up, while the heightened speculation about a trade war has sent the financial...

BoJ unlikely to deliver any surprises at April policy meeting; rising UST-JGB yield differential to weigh on yen: Commerzbank

The Bank of Japan (BoJ) is not expected to deliver any surprises at its upcoming 2-day monetary policy meeting, scheduled to be concluded on April 27, but rather a keep going attitude, according to the latest research...

USD/INR likely to trade even higher towards 68.00 level, to start consolidating if 10-year UST yield stabilizes: Scotiabank

The USD/INR currency pair is expected to trade even higher towards the 68 level, although the pair has been technically overbought according to the RSI index. Further, the pair is also seen to start consolidating if the...

Politics

Rise of cryptocurrencies could curb American power

There has been a lot of talk in foreign policy circles of the coming post-American world in which the international system will transition from a unipolar to a multipolar system. But, as we currently stand, the US remains...

South Africa's future hinges on Ramaphosa's strategic skills

South Africas 2018 State of the Nation address by the president of South Africa has been postponed. This unprecedented step makes it clear that the country is seeing the final days of Jacob Zuma as president although it...

Is full transparency good for democracy?

With the approval of President Donald Trump, the House of Representatives released the so-called Nunes memo on Feb. 2. In it, House Intelligence Committee Chairman Devin Nunes describes alleged abuses of surveillance...

Empowering the powerless: Let's end energy poverty

Power to the people, the activists chanted in the 1960s. The revolutionaries of yesteryear never dreamed of the scientific and technological innovations that could light up distant shelters and communities in the...

How neoliberalism is damaging your mental health

There is a widespread perception that mental ill health is on the rise in the West, in tandem with a prolonged decline in collective well-being. The idea that there are social and economic causes behind this perceived...

Science

Eyebrows Were Crucial For Human Survival, Study Says

The human eyebrows are often two of the most underrated and yet essential physical aspects of a persons appearance that influences interactions. For example, a unibrow can often result in mockery and the same goes for...

Undetected Asteroid Nearly Missed The Earth, Shows Glaring Holes In Detection Capabilities

Its a general rule to trust governments and space agencies to be able to do things like detect oncoming asteroids that might impact the earth at some point. However, a recent incident proves that there are still holes in...

Elon Musk Proves How Crazy He Is With Party Balloon And Bouncy House Idea

Tesla CEO Elon Musk is considered something of a mad scientist by a lot of people, but not all for the wrong reasons. He has taken huge risks and leaps of faith that would have caused many to age prematurely with dread but...

USDA Is Cool With Scientists Genetically Editing Food

In case anyone was wondering what the United States Department of Agriculture (USDA) was doing with all of the genetic engineering thats going on in the world of food, the answer is absolutely nothing. The agency recently...

Reputed Journal Retracts Flawed CRISPR Paper A Little Too Late

Science is a process that is often riddled with issues that affect the results of the work being done. This is why multiple experiments need to be conducted first before making conclusions and why papers need to be...

Technology

Facebook Shrugs Off Cambridge Analytica Scandal, Business Is Booming

If anyone actually expected the Cambridge Analytical debacle and the various other privacy scandals afflicting Facebook to affect its bottom line, they have not been paying attention. The social network was never going to...

Google To Offer YouTube Remix As Music And Music Video Streaming Service

Right now, Google actually already has an existing music streaming service via Google Play Music, but its upcoming YouTube Remix is likely to kill that option. This new project is reportedly going to be the companys answer...

Beyond Two Souls And Rayman Legends Is Free Via PlayStation Plus This May

PlayStation Plus users will have a new set of free games to look forward to next month as Sony is releasing some new titles that are up for grabs all throughout May. As always, these free games are for the PlayStation 4,...

Even New EU Privacy Laws Can’t Prevent Facebook From Abusing User Data

The General Data Protection Regulation (GDPR) was supposed to be the first, real legislation that users could count on to help safeguard their data against the predatory practices of companies like Facebook and prevent...

Japan Is Building Robots To Replace Its Aging Workforce

While the rest of the world is worried that automation will make their jobs obsolete, Japan is scrambling to make sophisticated robots that can help it do exactly this as its workforce ages. This is especially the case in...
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April 26 15:00 UTC Released

USKC Fed Manufacturing

Actual

33 Mln

Forecast

Previous

20 Mln

April 26 15:00 UTC Released

USKC Fed Composite Index

Actual

26 Bln USD

Forecast

Previous

17 Bln USD

January 31 00:00 UTC 123565123565m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 123565123565m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 135385135385m

ARTrade Balance

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Forecast

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-1541 %

January 31 00:00 UTC 123565123565m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 135385135385m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 123565123565m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 123565123565m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 123565123565m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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