Matt Bruenig: Data Contradicts Washington Post’s Social Security Disability Welfare Cheating Story
Debunking a Washington Post narrative on the Social Security Disability Income program.
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Climate Change: “It Depends on How We They Value Time”
Why conventional economic approaches give dangerously misguided answers when applied to climate change.
Read more...Mr. Market Starts to Question Trump Trade Delusion
A look at the “Trump trade” pearl clutching yesterday.
Read more...Some Public Pension Funds Taking on Outsized Private Equity and Hedge Fund Fees
Public pension funds might finally be getting over their unhealthy co-dependent relationships with private equity and hedge funds.
Read more...The Role of Social Security Wealth: A Head-to-Head Comparison of Germany and the US
Crunching some numbers on the value of social safety nets shows Americans are not as well off as pundits and pols would have you believe.
Read more...NY Times Lets a Charter School Propagandist Distort the Facts on Its Op-Ed Page
Quelle surprise! Card carrying neoliberal David Leonhardt of the New York Times twists facts to try to make a case for charter schools.
Read more...Understanding Household Financial Distress: The Role of Noncognitive Abilities
A critical thinking exercise on a study that claims that psychological traits are linked to financial distress.
Read more...Michael Hudson: Review of Steve Keen’s “Can We Avoid Another Financial Crisis?”
Steve Keen’s book is a compact, layperson friendly evisceration of mainstream economics and efforts to defend banks at the expense of citizens.
Read more...They Go Together: Freedom, Prosperity, and Big Government
Conventional wisdom about big government being a negative “freedom” isn’t borne out data.
Read more...The Automation Grift: From Flying Cars to Ordering Cat Food on the Internet – Part 2
Why claims for automation getting rid of workers are greatly exaggerated.
Read more...The Amazon.com Effect: Retailers Say They’re Not Selling, but Consumers Report They Are Buying
Are retail sales understated because online retailers aren’t fully captured in the data?
Read more...The Failure of Austerity in the Great Recession
More evidence that austerity is a bad idea.
Read more...How Land Disappeared from Economic Theory
Why the removal of land from economic theory is a glaring oversight.
Read more...IMF Blames Fall of Middle Class on Globalization and Technology
An IMF report comes up with some orthodoxy-reinfocing conclusions by failing to address some key issues.
Read more...ICCT Skewers Trump Regulatory Rollback Argument: Estimates Lower Costs for Meeting CAFE Standards than EPA
Costs of meeting CAFE standards may be 40% lower than EPA estimates; implementing common standards may reduce uncertainty and help carmakers.
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