Worrying About the Deficit Is So 17th Century
Deficit hawks have been wrong for even longer than you thought.
Read more...Category Archives: Dubious statistics
Official Unemployment Is at 3.9%? Economist Robert Pollin Says It Is More Like 12%
Why the headline unemployment numbers give a wildly rosy picture of the state of US labor markets.
Read more...The U.S. Is Not at Full Employment—Don’t Believe the Trump Administration’s Hype to the Contrary
Why recent employment statistics are giving an unduly rosy picture of the state of the US labor market.
Read more...20% of Inmates in California Jails on Psychotropic Medications
Why are inmates in California jails being medicated at much higher rates than in the past?
Read more...Warren Buffett’s Mortgage Companies Engage in Alleged Discrimination Against Minority Borrowers, Violating Fair Housing Act
An investigative report suggests that Berkshire Hathaway’s mortgage lending operation discriminates against minority borrowers.
Read more...New Report: Most State Pension Funds, Including CalPERS, Lag 60/40 Investment Mix at Higher Cost, Resulting in Even Higher Shortfalls
Yet another stunning indictment of public pension fund management. If the biggest funds with the best staffs can’t beat a simple Vanguard portfolio, why aren’t more heads rolling?
Read more...Michael Hudson: “Creating Wealth” Through Debt: The West’s Finance-Capitalist Road
Why debt is the great threat to modern China’s development.
Read more...Barbara Ehrenreich Versus Preventive Care, American Style
Why preventive medicine is not all it is cracked up to be.
Read more...Trump v. the Postal Service: Fake News, Flawed Analysis, and Bogus Tweets
Why Trump’s claim that the Postal Service is subsidizing Amazon is all wet.
Read more...Economists’ Dubious Relationship with Trade Policy: Comparative Advantage is a System that Works for the Wealthy
The great unwashed public has good reason to doubt what economists say about trade.
Read more...How Many Opioid Overdoses Are Suicides?
Time to look harder at the reasons for rising opioid deaths.
Read more...Millennials Are Waiting For The End Of Capitalism
Not surprisingly, Millennials are not in very good financial shape…..
Read more...J.D. Alt: Fiat Money and Three Big Societal Challenges
How fiat money denialism, also know as austerity and deficit scaremongering, is undermining the public’s ability to tackle pressing challenges like climate change.
Read more...MIT Study: Median Uber and Lyft Profits Less Than Half Minimum Wage; 30% of Drivers Lose Money
Yes, it is now official: you really are engaged in exploitation when you use Uber or Lyft.
Read more...With Official Unemployment This Low, Why Are Wages Rising So Slowly?
Why has wage growth been lousy in a supposed recovery? Thank your politicians for fostering the growth of the precariat.
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