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Thomas Palley

Thomas Palley is an independent economist living in Washington DC. He founded Economics for Democratic & Open Societies. The goal of the project is to stimulate public discussion about what kinds of economic arrangements and conditions are needed to promote democracy and open society. His numerous op-eds are posted on his website http://www.thomaspalley.com.

Job Guarantee Programs: Careful What You Wish For

Thomas Palley

Some progressive economists are now arguing for the idea of a Job Guarantee Program (JGP), and their advocacy has begun to gain political traction. For ... Read more

Economics For Democratic Societies: Reframing The Free Market Debate

Thomas Palley

Back in 2006 I tried to start a project titled Economics for Democratic and Open Societies. At that time, I sent proposals to several foundations.

Trumponomics: Neocon Neoliberalism Camouflaged with Anti-Globalization Circus

Thomas Palley

A key element of Trump’s political success has been his masquerade of being pro-worker, which includes posturing as anti-globalization. However, his true economic interest is

Financing vs. Spending Unions: How To Remedy The Euro Zone’s Original Sin

Thomas Palley

In economic policy, timing isn’t everything, it’s the only thing. The euro zone crisis has been evolving for over seven years, making it difficult to

Year Of The Outsider: Why Bernie Sanders’ Democratic Rebellion Is So Significant

Thomas Palley

2016 was supposed to have been the year of Jeb Bush versus Hillary Clinton: the year when the established Bush dynasty confronted the upstart rival

Bernie Slanders: How The Democratic Party Establishment Suffocates Progressive Change

Thomas Palley

The Democratic Party establishment has recently found itself discomforted by Senator Bernie Sanders’ campaign to return the party to its modern roots of New Deal

Some Reflections On Thomas Piketty’s ‘Capital’

Thomas Palley

Thomas Piketty’s Capital in the Twenty-First Century is a six hundred and eighty-five page tome that definitively characterizes the empirical pattern of income and wealth

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New Edition - Social policy in the European Union: state of play 2025

Can Europe preserve its distinctive social model while simultaneously rearming, reindustrialising, and reorganising its economy in a more conflictual and competitive world? This is the central question raised in this new edition of the Bilan social, a reference publication released every spring for more than 25 years by the European Trade Union Institute (ETUI) and the European Social Observatory (OSE).

READ HERE
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Is financial resilience and trust in Europe faltering?

In this episode of Eurofound Talks, host Mary McCaughey and senior researcher Eszter Sandor unpack the results of the 2025 Living and Working in the EU e-survey. While headline inflation has stabilised at 2.1%, the data reveals a continent gripped by chronic precariousness, with 57% of respondents now at risk of depression. Mary and Eszter explore how this economic insecurity is impacting institutional trust and democratic engagement.

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Read the book "The open future and its enemies" 

A robust democracy must not leave the future in the hands of the alliance between Big Tech and the far right. AI must be politically reined in and democratically shaped so that humanity retains its sovereignty.

Artificial intelligence is regarded as the driving force of progress. Yet it has long since become a challenge to democracy. The book argues that uncontrolled AI will erode our freedom, self-determination and democracy.

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WSI Minimum Wage Report 2026

Minimum wage policy across Europe has shifted significantly, with many EU countries raising wages above average and anchoring them to adequate living standards. This trend is consolidating as countries increasingly adopt the reference values recommended in the European Minimum Wage Directive — recently upheld by the European Court of Justice.

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S&D Africa Days 2026

We are pleased to invite you to save the date for the S&D Africa Days 2026, taking place on 30 June and 1 July 2026, in Brussels. 

At a time when Africa is too often viewed through narrow and one-sided narratives, this initiative reflects a key political priority for the S&D Group: to advance a renewed, forward-looking partnership of equals between Europe and Africa based on equality, solidarity, social justice and shared progress. 

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“What is the actual purpose of the state?” – this central question is the focus of the analysis. At a time when bureaucratic processes are making life difficult for citizens, the paper proposes a three-part model. It aims at a conception of the state as a platform that helps society build the capabilities it needs to address its problems effectively.

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