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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.

Stumped by the stock market slump? Start by picturing a used car dealership

Dec 24, 2018 07:54 am UTC| Insights & Views Business

Stocks have been slumping on a variety of concerns, from President Donald Trumps ongoing trade war with China to worries about an economic slowdown and rising interest rates. Given the many factors driving shares up or...

2 economic policies likely to change with Democrats in control of House

Nov 08, 2018 17:23 pm UTC| Insights & Views Economy

Perhaps the biggest surprise in the midterm elections was that, unlike 2016, there wasnt one. Polls and pundits expected Democrats would take control of the House and Republicans would keep the Senate, and thats exactly...

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...

1 

Economy

Brazilian Real likely to remain under downward pressure for the time being, says Commerzbank

The Brazilian real is expected to remain under downward pressure for the time being, according to the latest research report from Commerzbank. The arrest of former President Michel Temer and his Minister of Energy,...

NZ February trade balance beats market estimates; exports likely to continue growth over coming months, says ANZ Research

New Zealands trade balance for February was stronger than expected with exports above expectations and imports aligned with expectations. Lamb exports were at record levels while logs exports were also very strong. Exports...

JGB yields jump after investors shift to riskier assets following short-covering

The Japanese government bond yields jumped after investors shifted their interests toward riskier assets following a short-covering across all markets. The yield on the benchmark 10-year JGB note, which moves inversely...

USD/SGD likely to range trade between 1.345 and 1.362 in the weeks ahead, says Scotiabank

The USD/SGD currency pair is expected to range trade between 1.345 and 1.362 in the weeks ahead, on expectations that the US and China reach a trade deal in April or May finally, according to the latest research report...

Australian bond yields pare losses despite fall in U.S. peer amid global growth concerns

Australian government bond yields pared losses during Asian trading session Tuesday, as investors have largely shrugged-off the fall in the United States counterpart in the overnight session amid fears of global...

Politics

Melania Trump: Photo With Rumored Body Double Theory Was Photoshopped, Donald Trump Insists

An old rumor that United States First Lady Melania Trump is using a body double to accompany U.S. President Donald Trump was reignited this month. The POTUS was quick to dismiss the speculations insisting that the photo...

Politicians suing for defamation is usually a bad idea: here's why

When The Project host Waleed Aly began his editorial in the wake of the Christchurch massacre, he apologised that these wont be my best words. He was wrong. The YouTube clip of his poignant commentary has been viewed...

Melania Trump Did Not Let Ivanka Trump Take Over the White House East Wing, 'Kushner, Inc.' Author Alleges

Since United States President Donald Trump and his family occupied the White House, there have been several books released allegedly exposing the behind-the-scenes interactions among the first family and other Presidential...

Donald Trump 2019: Nancy Pelosi is Surprisingly Against His Impeachment and Here’s Why

The Democrats want Donald Trump to be impeached as soon as possible. They have been calling for the Congress to start the impeachment proceedings now but it appears that House Speaker Nancy Pelosi is not for it. In a...

Vladimir Putin 2019: Activist Jailed for Putting Up Russian President’s Gravestone

Vladimir Putins hater set up a fake gravestone in the middle of the Russian city, Naberezhnye Chelny, and the act landed him in jail. The fake gravestone featured the presidents picture and the year 1952-2019 was written...

Science

Cancer Cure: Medical Research Explains How Worms Are Causing Cancer and Can Potentially Cure Them

A recently published medical paper explains how a number of worm species are causing cancer to many people in underdeveloped countries. But, on the other hand, the researchers also explained how some worms might actually...

HIV/AIDS Cure: Third Patient Now in ‘Long-Term Remission’ From HIV Following Stem Cell Treatment

Hopes are up that stem cell treatment could eventually lead to the cure for human immunodeficiency virus (HIV) and acquired immunodeficiency syndrome (AIDS). A third HIV patient has reportedly been on remission from the...

Cancer Cure 2019: Possible Treatment for Cancer Caused by Severe Skin Disease Is Being Developed

A group of researchers is recently focused on coming up with a cure for skin cancer that developed from a severe skin disease called recessive dystrophic epidermolysis bullosa (RDEB). This medical progress is especially...

HIV/AIDS Cure 2019: Advancements in Treatments and Therapies Continue Now Help Patients Return to ‘Non-Frail State’

For decades, scientists and researchers have been working hard in finding the complete cure for human immunodeficiency virus (HIV) and acquired immunodeficiency syndrome (AIDS). While the ultimate cure for HIV/AIDS is not...

CRISPR gene editing: Why we need Slow Science

In a newly published article in Nature, a group of prominent scientists and ethicists have called for a moratorium on clinical research using CRISPR/Cas9 gene editing. This moratorium deals with the use of CRISPR/Cas9...

Technology

iOS 13 Release Date, Latest News: Features to be Unveiled in June; OS Update Goes Live September

Apples upcoming operating system update for iPhones and iPads, the iOS 13, will most likely be unveiled in June along with its top new features and improvements. However, fans might have to wait until September before...

AirPods 2 Latest News, Update: Orders of Apple’s Second-Generation Wireless Earphones to Arrive This Week

Apple has now begun shipping the AirPods 2 after months of speculation that the next-gen wireless earphones will be coming out this March. So far, the reviews are leaning a bit on the negative side as most of the rumored...

‘Jump Force’ DLC, Updates, Features: Free Costumes Dropping in April; New Playable Characters Follow in May

Within two months since the official release of Jump Force, fans can expect new sets of contents coming to the game. By April, developers will drop free costumes to be followed by some paid downloadable contents. These...

‘Final Fantasy XIV: Shadowbringers’ Release Date, Features: Will Square Enix Add a Healer Class Before July Launch?

Final Fantasy XIV: Shadowbringers is still a few months away from its official launch. Square Enix has been revealing more gameplay details recently, but not exactly what fans wanted to hear. Just last week, the...

‘World of Warcraft Classic’ Release Date, Update: Community Ecstatic After Blizzard Listened to Players Regarding Potential Loot Abuse

As summer draws to a close, players who have been patiently waiting for World of Warcraft Classic are getting restless by the day. Fortunately, Blizzard has done a good job at keeping the community updated and listening to...

Digital Currency

Digital Currency Revolution Series: Can You Buy Cryptocurrencies on WhatsApp?

FxWirePro: Glimpse at BTCH19 CME futures and some underlying news after BTC/USD slides below $4k again

Trend of Tokenization Series: Security Tokens Look Handy At InvestorID

Law

All about juries: why do we actually need them and can they get it 'wrong'?

Don’t ban Michael Jackson's music – talk about the accusations

Overworked and underpaid: the revival of strikes in New Zealand

Life

New home, new clothes: the old ones no longer fit once you move to the country

The sounds of Speechless, where words are superfluous

Gospel news: how evangelical websites shape the views of millions of Brazilians

Nature

Droughts, extreme weather and empowered consumers mean tough choices for farmers

Suffering in the heat: the rise in marine heatwaves is harming ocean species

An end to endings: how to stop more Australian species going extinct

Sports

Manny Pacquiao 2019: Floyd Mayweather Jr. Unsurprisingly Comes Out on Top During Fighting Senator’s Twitter Poll

Michael Schumacher 2019: Amid Uncertain Health Condition; Racing Legend’s Son Mick to Debut in F1 With Alfa Romero

NBA Rumors: LeBron James Not Enough, Los Angeles Lakers Need More Stars

Technical Analysis

FxWirePro: EUR/GBP upside capped at 21-EMA, eyes 38.2% Fib at 0.8398

CHFJPY trade Idea

FxWirePro: EURUSD trades slightly above 1.1300 level, good to sell on rallies

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Market-moving news and views, 24 hours a day >

2019-03-26 16:13:23
0m
TURKISH LIRA STRENGHTENS TO BEYOND 5.4550, REGAINING FRIDAY'S LOSSES
2019-03-26 16:13:03
0m
ALGERIAN CONSTITUTIONAL COUNCIL HOLDS SPECIAL MEETING AFTER ARMY CHIEF URGES IMPEACHMENT OF PRESIDENT BOUTEFLIKA - EL BILAD TV
2019-03-26 16:12:08
0m
BREXIT: SPOKESMAN FOR BRITISH PM MAY SAYS PM AND HER MINISTERS HAVING DISCUSSIONS WITH LAWMAKERS FROM ACROSS PARLIAMENT
2019-03-26 15:49:42
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U.S. STOCKS PARE GAINS, LAST UP ABOUT 0.8 PCT
2019-03-26 15:44:58
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RUSSIA'S MOEX CLOSED AT 2,513.28, UP +0.63%
2019-03-26 15:39:58
0m
BREXIT: UK LAWMAKERS PROPOSE TO AGAIN TAKE CONTROL OF PARLIAMENTARY BUSINESS ON MONDAY APRIL 1 - LAWMAKER
2019-03-26 15:38:32
0m
BREXIT: UK LAWMAKERS WILL HAVE HALF AN HOUR TO RECORD THEIR VOTES ON ALTERNATIVE BREXIT OPTIONS - LAWMAKER
2019-03-26 15:38:25
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BREXIT: UK LAWMAKERS PROPOSE DEBATE ON ALTERNATIVE BREXIT OPTIONS ON WEDNESDAY TO RUN UNTIL 1900 GMT - LAWMAKER ON TWITTER
2019-03-26 15:37:00
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IRAN'S PRESIDENT, IN A PHONE CALL WITH IRAQI PRIME MINISTER, CALLS FOR REGIONAL COOPERATION TO FIGHT AGAINST TRUMP'S DECISION TO RECOGNISE GOLAN HEIGHTS AS PART OF ISRAEL - IRIB
2019-03-26 15:33:43
0m
UK DEBT MANAGEMENT OFFICE SAYS TO SELL 3.0 BLN STG OF 1 PCT 2024 CONVENTIONAL GILT ON APRIL 2
2019-03-26 15:33:23
0m
U.S. 1-YEAR BILL BID-TO-COVER RATIO 3.69
2019-03-26 15:33:17
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U.S. SELLS $26 BLN 1-YEAR BILLS AT HIGH RATE 2.360 PCT, AWARDS 18.24 PCT OF BIDS AT HIGH
2019-03-26 15:32:49
0m
U.S. SELLS $26 BLN 1-YEAR BILLS AT HIGH RATE 2.360 PCT, AWARDS 18.24 PCT OF BIDS AT HIGH
2019-03-26 15:25:46
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IRISH DEBT AGENCY SAYS BOND ISSUED AT A NEGATIVE REAL YIELD OF MINUS 0.05 PCT
2019-03-26 15:25:39
0m
U.S. HOUSE JUDICIARY COMMITTEE UNANIMOUSLY APPROVES RESOLUTION DIRECTING JUSTICE DEPT TO GIVE CONGRESS RECORDS ON FBI OBSTRUCTION/COUNTERINTELLIGENCE PROBES OF TRUMP
2019-03-26 15:25:25
0m
IRISH DEBT AGENCY SAYS IT HAS RAISED 300 MILLION EURO THROUGH THE PLACEMENT OF A NEW INFLATION-LINKED BOND MATURING IN APRIL 2045
2019-03-26 15:20:49
0m
BANK OF CANADA SAYS NEXT CASH MANAGEMENT BOND BUYBACK ON APRIL 2
2019-03-26 15:20:42
0m
BANK OF CANADA BUYS BACK NO BONDS IN CASH MANAGEMENT BOND REPURCHASE
2019-03-26 15:16:37
0m
CHINA CRUDE STEEL OUTPUT RISES 9.2 PCT TO 71.0 MLN T IN FEB 2019 VS FEB 2018 - WORLDSTEEL
2019-03-26 15:16:25
0m
GLOBAL CRUDE STEEL OUTPUT RISES 4.1 PCT TO 137 MLN T IN FEB 2019 VS FEB 2018 - WORLDSTEEL
Most Popular
1

FxWirePro: Glimpse at BTCH19 CME futures and some underlying news after BTC/USD slides below $4k again

2

Melania Trump: Photo With Rumored Body Double Theory Was Photoshopped, Donald Trump Insists

3

HIV/AIDS Cure: Third Patient Now in ‘Long-Term Remission’ From HIV Following Stem Cell Treatment

4

Cancer Cure: Medical Research Explains How Worms Are Causing Cancer and Can Potentially Cure Them

5

Trend of Tokenization Series: Security Tokens Look Handy At InvestorID

6

Brazilian Real likely to remain under downward pressure for the time being, says Commerzbank

7

USD/SGD likely to range trade between 1.345 and 1.362 in the weeks ahead, says Scotiabank

8

Australian bond yields pare losses despite fall in U.S. peer amid global growth concerns

9

FxWirePro: AUD/CAD on track to test 61.8% Fib at 0.9586, good to stay long on dips

10

JGB yields jump after investors shift to riskier assets following short-covering

Economics Monitor

March 26 14:30 UTC Released

USTexas Serv Sect Outlook

Actual

-4.4 bln

Forecast

Previous

2 bln

March 26 14:30 UTC Released

USDallas Fed Services Revenues

Actual

12.8 %

Forecast

Previous

19.2 %

January 31 00:00 UTC 604337604337m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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January 31 00:00 UTC 604337604337m

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Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 616157616157m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 604337604337m

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Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 616157616157m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 604337604337m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 604337604337m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 604337604337m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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