How Pursuing “Competitiveness” Crushes Labor and Lowers Growth
Why pursuing national “competitiveness,” as in squeezing labor pay and rights, does not produce the promised benefit of more growth.
Read more...Category Archives: Dubious statistics
Wait: Maybe Europeans are as Rich as Americans
Many Europeans argue that when you adjust nominally higher American incomes for how much we spend from our own pockets on healthcare plus the longer hours we work, we aren’t better off.
Read more...Martin Wolf on the Low Labor Participation as the Result of the Crapification of Jobs
Why are more and more prime age people refusing to take jobs on offer?
Read more...China’s Raging Bond Bubble Exposed
Yet another China risk warning.
Read more...Rajiv Sethi: Race and Police Bias – Threats Perceived When There Are None
Sethi takes issue with a New York Times article that took the astonishing view that combatting bias would have little impact on the rate of police killings of blacks.
Read more...Failure of Globalization and the Fourth Estate
“Free Trade,” the banner of Globalization, has not only wrecked the world’s economy, it has left Western Democracy in shambles.
Read more...Joe Firestone: Fiscal Myths of Campaign 2016
Most of the world, and most notably the United States, is in the grip of fiscal myths fostered by the ideology of neoliberalism. It’s time to debunk them.
Read more...5 of the Biggest Acts of Corporate Hypocrisy in America
Socialism for the rich is inherently hypocritical….but which forms of corporate truth-distortion are the most brazen?
Read more...How Monsanto Solicited Academics to Bolster Their Pro-GMO Propaganda — Using Taxpayer Dollars
Contrary to what most consumers believe, the pro-GMO research that was presented as independent was paid for by Monsanto.
Read more...Tom Engelhardt: The Fog of Intelligence, or How to Be Eternally ‘Caught Off Guard’ in the Greater Middle East
An in-depth look at the US’s big-ticket intelligence apparatus that can’t shoot straight in the Middle East. A bug or a feature?
Read more...Sanders Debate “Results” as Case Study of the Modern Versailles Hall of Mirrors
Bernie Sanders by all objective measures “won” the first Democratic party debate. Yet pundits almost universally said the reverse. What does that tell us about the state of American politics?
Read more...Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 2 of 2)
Further discussion of why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 1 of 2)
Why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...The Right Wing’s Assault on the Post Office – Smashing the Myth That It’s in Financial Trouble
Yes, Virginia, the Post Office is cash flow positive and deserves to carry on as is.
Read more...Wolf Richter: This Chart Truly Depicts a New, Terrible Trend in Jobs Mess
As Oregoncharles put it, in terms of labor force participation, “Obama has now cancelled out the entire effect of the Women’s Movement.”
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