The Numbers Are In, and Trump’s Tax Cuts Are a Bust
Why Trump’s tax “reforms” didn’t deliver on growth, just on rentierism.
Read more...Category Archives: CEO compensation
Is There a Global Future for Unions?
A personal retrospective on the forces driving the rise and decline (and hopeful revival) of unions.
Read more...Ralph Nader Calls Out Boeing for 737 MAX Lack of Airworthiness, Stock Buybacks, and Demands Muilenburg Resign
Nader: “There is no need to wait for some long-drawn out, redundant inquiry. Management was criminally negligent, 346 lives of passengers and crew were lost.”
Read more...Here’s Why Setting a Maximum Wage for CEOs Would be Good for Everyone
CEO pay needs to be curbed, and a maximum wage is one way to do it.
Read more...Michael Olenick: Update Confirms That Share Buybacks Are Still Corporate Suicide
Reconfirming the findings of a study that debunked some key claims about the supposed benefit of stock buybacks.
Read more...Richard Murphy: Stock Markets Look Ever More Like Ponzi Schemes
Why is it entirely sensible to regard stock markets as Ponzi schemes.
Read more...CalPERS CEO Marcie Frost’s Featherbedding: Seeks Further Pay Increase Despite Underfunding, Municipalities Suffering to Meet Rising Pension Bills
Why authorizing a further pay increase for CalPERS CEO Marcie Frost is indefensible, but CalPERS cronyistic board will almost certainly set that plan in motion next week.
Read more...Corporatizatizing The All-Administrative University
How parasitic administrators are ruining university education.
Read more...Indirect Effects of Unfair Employer Behavior on Workplace Performance
Bad bosses hurt performance! Who’d have thunk it?
Read more...Trump Administration Picks Bizarre Fight With IMF Over Report Backing Taxing the Rich
The IMF makes a careful case for more redistribution.
Read more...How Economists Turned Corporations into Predators
How shareholder value theory and other bad ideas created lousy incentives for corporations’ executives.
Read more...The Global Corporate Saving Glut
The corporate savings glut has been long in the making. It’s a sign of capitalists abandoning their role of investing to pursue growth.
Read more...Race to the Bottom: Cities and States Spend >$45 Billion Per Year Competing for Jobs
The Wall Street Journal published an important story on how states and communities throw money at companies via tax incentives and other gimmies in a desperate effort to win or hold jobs. These subsidies are a big drain on government budgets: Economic-development tax incentives more than tripled over the past 25 years, offsetting about 30% […]
Read more...Bill Black: The 2016 Nobel Prizes in Economics Go to Defenders of Criminogenic Policies
Yet another dubious Swedish central bank fake Nobel Prize award…
Read more...Why Extreme Inequality Causes Economic Collapse
A look at how rising inequality becomes systemically destructive.
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