Thomas Palley, the former Bernard L. Schwartz Economic Growth fellow at the New America Foundation and former assistant director of public policy at the AFL-CIO, joined us here today at the federation to discuss his new book, From Financial Crisis to Stagnation: The Destruction of Shared Prosperity and the Role of Economics. The event is the third in the AFL-CIO summer book series, which includes discussions with noted economists who will talk about their new books on jobs, inequality and the U.S. financial crisis. (Get details and RSVP here.)

In his new book, Palley sets out to explain the cause of the 2008 financial crisis and what can be done to prevent another economic collapse. Here is a Q and A with the author:

This infographic says it all: Greedy corporations sitting on trillions in cash, while U.S. jobs are being shipped overseas.

Pass it along and take action: Text JOBS to 235246 to get info and action alerts to help bring America's jobs home.

Check out this video and see what happens when a Bankster is confronted with his own greed—and brought along to admit that a teeny, tiny financial transaction (“Robinhood”) tax on stock trading wouldn’t hurt that industry one bit. But it would make a huge difference in the lives of the 99 percent.