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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.

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

UK gilts surge on better-than-expected October consumer price inflation; retail sales data in focus

The UK gilts surged during Wednesdays afternoon session after the countrys consumer price inflation for the month of October impressed market participants, albeit remaining unchanged from that in September. Also,...

German bunds gain after Q3 GDP falls, albeit better than expectations; 10-year auction in focus

The German bunds gained during European session Wednesday following a fall in the countrys gross domestic product (GDP) for the third quarter of this year, released today, albeit better than market...

German bunds gain after Q3 GDP falls, albeit better than expectations; 10-year auction in focus

The German bunds gained during European session Wednesday following a fall in the countrys gross domestic product (GDP) for the third quarter of this year, released today, albeit better than market...

Australia’s Q3 wage price index rises to highest in three years; AUD/USD trades range-bound

Australias wage price index for the third quarter of this year rose to its highest in three years, while the AUD/USD currency traded range-bound at the time of writing during Asian session Tuesday. Further inroads into...

Australian bonds rally in muted trade ahead of October employment report, RBA Assistant Gov Debelle’s speech

Australian bonds rallied during Asian session Wednesday amid a muted trading session that witnessed data of little economic significance. However, investors will keep a close eye on the countrys employment report for the...

Politics

Threats remain to US voting system – and voters' perceptions of reality

As the 2018 midterms proceed, there are still significant risks to the integrity of the voting system and information warfare continues to try to influence the American publics choices when they cast their ballots. On...

View from The Hill: Katter waves Section 44 stick in a 'notice North Queensland' moment

On the day independent Kerryn Phelps was officially declared the winner in Wentworth, a shot was fired across Scott Morrisons bows to remind him of the challenge of managing a now-hung parliament. It came not from...

Religion and refugees are deeply entwined in the US

Robert Bowers lashed out at what he believed to be a Jewish plot to bring more refugees and asylum seekers to the U.S. before allegedly murdering 11 people at the Tree of Life synagogue in Pittsburgh. Bowerss claim that...

International election observers evaluating US midterm elections will face limitations

The Organization for Security and Cooperation in Europe, or OSCE, is sending international election observers to the 2018 U.S. midterm election. American voters may be surprised to learn such visits are routine. In...

Ideologically motivated far-right extremists have killed close to 500 people since 1990 – and 10 percent were targeted based on religion

The mass shooting at the Tree of Life synagogue in Pittsburgh exemplifies an increasingly deadly form of domestic terrorism committed by far-right extremists: the targeting of institutions and individuals due to their...

Science

Dramatic galaxy collision filled the Milky Way with stars, astronomers discover

Imagine trying to map out your home town using only information you could gather from your window. Even with a pair of binoculars youd find it a difficult task. Mapping out our own galaxy, the Milky Way, is a similarly...

How thoughtful, content-rich tutorials can help science students learn

Learning is not a spectator sport. Students need to make what they learn a part of their everyday lives. Tutorials are an excellent way to achieve this at university level. When theyre properly designed, tutorials can be...

Curious Kids: If a star explodes, will it destroy Earth?

This is an article from Curious Kids, a series for children. The Conversation is asking kids to send in questions theyd like an expert to answer. All questions are welcome: find out how to enter at the bottom. You might...

Explainer: what any country can and can't do in Antarctica, in the name of science

Antarctica is owned by no one, but there are plenty of countries interested in this frozen island continent at the bottom of the Earth. While there are some regulations on who can do what there, scientific research has...

We've spotted signs of collisions that may finally help us prove that supermassive black holes exist

Observations of nature tend to throw up unexpected results and new mysteries whether youre investigating the rain forest or outer space. When radio astronomy took off in the 1950s, we had no idea that it would lead to the...

Technology

Bitcoin Latest News & Update: SEC Close to Approving VanEck Bitcoin ETF?

Bitcoin is still trading at a fairly calm state as the cryptocurrencys value wobbles between $6,000 and $6,800. Although this is quite unusual for Bitcoin, it isnt the first for the cryptocurrency to behave in such a way...

AMD Latest News & Update: To Demolish Intel with New EPYC 7371 Processor? Targets Data Centers

AMD has been on a roll recently and the announcement for its new EPYC 7371 Threadripper processor threatens to absolutely bury whatever Intel has to offer. This new monster of a chip comes with 64 cores from the Zen 2 line...

Jailbreak for iOS 12.1 Latest News & Update: Downgrade Advised, Apple Plays Cat & Mouse with Hackers

Jailbreak for iOS 12.1 is proving to be challenging and Apple is simply not letting up. There are those within the mobile software community who are working hard to create a jailbreak kit for the latest iOS version....

‘GTA 6’ Release Date, News & Update: Should Upcoming Game Receive a New Map?

GTA 6 is making a lot of noise on the web again as its predecessor recently accomplished another milestone for the gaming studio. GTA 5 has now reportedly shipped over 100 million copies worldwide, increasing the...

‘Darksiders 3’ Release Date, News & Update: Is the New DLC Coming Out in 2018?

Darksiders 3 is one of the most awaited titles coming out this year and the long wait is finally coming to an end. Gunfire Games announced that theyre going to be releasing the third part of the title on Nov. 27 and has...

Digital Currency

Spotlight on Bitcoin Cash Hard-fork Policy and Its Impact on BCHZ18 Futures Contracts

Venezuelan ‘petro’ flexible with any major cryptocurrency

Central Bank of Iran (CBI) Announces Rial-Backed Cryptocurrency to Combat Adverse Impacts of Sanctions and SWIFT

Law

Marijuana is on the ballot in four states, but legalization may soon stall, researchers say

Namibia's long-standing land issue remains unresolved

The unimaginable costs of sexual assault

Life

The lasting impact of Luther's Reformation: 4 essential reads

Who's for a Ruby Murray? The real people behind popular English sayings

Phubbing (phone snubbing) happens more in the bedroom than when socialising with friends

Nature

Venice has flooded, but other cities are in much greater danger

What teeth can tell about the lives and environments of ancient humans and Neanderthals

Earth’s wilderness is vanishing, and just a handful of nations can save it

Sports

Carmelo Anthony Latest News & Update: Should the Lakers Hire the Ex-Thunder Star?

Michael Schumacher Health Update: How Extensive is the Injury of the Formula 1 Legend?

Jimmy Butler Latest News & Update: Butler Receives Scathing Statement from NBA Expert Leigh Ellis

Technical Analysis

FxWirePro: EURUSD pares gains in European trading on account of Italy crisis and weak German GDP data, good to sell on rallies

FxWirePro: Cable bulls shrug-off bearish patterns in minor trend, major downtrend still below 50% Fibos – Trade one-touch calls and short hedge

FxWirePro: S&P500 struggles to break above 200- day MA, good to sell on rallies

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2018-11-14 11:03:42
0m
ISRAELI DEFENCE MINISTER LIEBERMAN ANNOUNCES RESIGNATION - LIVE TV
2018-11-14 11:03:32
0m
LIEBERMAN SAYS GAZA CEASEFIRE WAS ISRAELI "CAPITULATION TO TERROR"
2018-11-14 11:02:50
0m
ANGOLA OCTOBER INFLATION AT 1.39 PERCENT M/M FROM 2.69 PERCENT IN SEPTEMBER
2018-11-14 11:02:40
0m
ANGOLA OCTOBER INFLATION AT 18.04 PERCENT Y/Y FROM REVISED 19.21 PERCENT IN SEPTEMBER - STATISTICS OFFICE
2018-11-14 11:01:49
0m
IRISH RESIDENTIAL PROPERTY PRICES +0.7 PCT M/M IN SEPTEMBER
2018-11-14 11:01:30
0m
S.AFRICA'S RETAIL SALES 1.5 PCT IN 3-MONTHS TO END-SEPTEMBER VS A YEAR AGO - STATS S.A.
2018-11-14 11:01:21
0m
S.AFRICA'S SEPTEMBER RETAIL SALES -0.6 PERCENT MTH/MTH - STATS S.A.
2018-11-14 11:01:13
0m
IRISH RESIDENTIAL PROPERTY PRICES +0.7 PCT Y/Y IN SEPTEMBER
2018-11-14 11:00:36
0m
BRAZIL SERVICES ACTIVITY 0.5 PCT IN SEPT FROM SEPT 2017 - IBGE (REUTERS POLL 1.7 PCT)
2018-11-14 11:00:11
0m
SOUTH AFRICA SEP 2018 RETAIL SALES YY DECREASE TO 0.7 % (FCAST 2.2 %) VS PREV 2.5 %
2018-11-14 11:00:05
0m
BRAZIL SEP 2018 SERVICE SECTOR GROWTH MM DECREASE TO -0.3 % (FCAST 0.3 %) VS PREV 1.2 %
2018-11-14 11:00:03
0m
BRAZIL SEP 2018 SERVICE SECTOR GROWTH YY DECREASE TO 0.5 % (FCAST 1.7 %) VS PREV 1.6 %
2018-11-14 10:53:03
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INDIA 2018/19 SUGAR OUTPUT FORECAST AT 30 MLN T VS EARLIER 32.4 MLN T ESTIMATE -TRADE BODY OFFICIAL
2018-11-14 10:52:31
0m
RBI SAYS ACCEPTS ALL 6 BIDS FOR 37.56 BLN RUPEES AT 1-DAY REPO AUCTION
2018-11-14 10:51:26
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EURO/STERLING EXTENDS RISE, UP 0.25 PCT AT 87.29 PENCE
2018-11-14 10:50:28
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NASDAQ FUTURES DOWN ABOUT 0.5 PCT, S&P FUTURES AND DOW FUTURES DOWN ABOUT 0.2 PCT
2018-11-14 10:49:12
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STERLING EXTENDS LOSSES, DOWN HALF A PERCENT ON DAY AT $1.2906
2018-11-14 10:48:26
0m
RUSSIAN FINANCE MINISTRY SELLS 5 BLN RBLS IN 2022 OFZ BONDS AT CUT-OFF PRICE OF 99.8000 PCT
2018-11-14 10:47:41
0m
PORTUGAL 5-YEAR BOND BID-COVER 2.33 IN AUCTION-IGCP
2018-11-14 10:46:14
0m
PORTUGAL 10-YEAR BOND BID-COVER 1.91 IN AUCTION- IGCP
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FxWirePro: Lingering optimism for ripple (XRP), both fundamentally and technically

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FxWirePro: GBP/USD trade Idea

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FxWirePro: Buy CHFJPY above 113

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FxWirePro: GBP/USD trades higher after better than expected wage growth, good to buy on dips

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Spotlight on Bitcoin Cash Hard-fork Policy and Its Impact on BCHZ18 Futures Contracts

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FxWirePro: NZD/CAD 200-DMA breakout raises scope for upside, 61.8% Fib at 0.9061 in sight, stay long

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Bank Indonesia likely to keep policy rate on hold in November

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Commodities snapshot (energy)

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Australian bonds rally in muted trade ahead of October employment report, RBA Assistant Gov Debelle’s speech

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FxWirePro: USD/JPY rangebound below 114 handle, focus on U.S. CPI data for impetus

Economics Monitor

November 14 11:00 UTC Released

ZARetail Sales YY

Actual

0.7 %

Forecast

2.2 %

Previous

2.5 %

November 14 11:00 UTC Released

BRService Sector Growth MM

Actual

-0.3 %

Forecast

0.3 %

Previous

1.2 %

January 31 00:00 UTC 413945413945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 413945413945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 425765425765m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 413945413945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 425765425765m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 413945413945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 413945413945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 413945413945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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