Matt Bruenig: How Many People Will Obamacare and AHCA Kill?
Subjecting Obamacare to the same measuring stick that the Center for American Progress applied to the ACHA.
Read more...Category Archives: Free markets and their discontents
Some People “Would Rather Have 1st Class Seats on the Titanic Than Change the Course of the Ship”
Why it is necessary to depose Democratic party leaders like Pelosi and Schumer to have any chance of winning class and climate change wars.
Read more...Americans Tolerate Inequality Because They Over-Estimate Their Odds of Coming Out on Top
How Americans’ optimism leads to self-delusion on their odds of success, and therefore to not supporting policies in their real interest.
Read more...Trump-Style Policies Will Deepen the “American Carnage”
An in-depth look at Trump’s economic plans shows they would enrich the 1% and hurt the “forgotten people” he promised to help.
Read more...Why the Wall Street Journal Is Wrong About the US Oil Export Boom
Debunking a Wall Street Journal article on rising oil exports.
Read more...New York Times Sends Cease & Desist Letter Over CalPERS’ Massive Copyright Infringement; Potential Damages Eight Figures for Times and WSJ Each; Theft Extends to Virtually Every News Publication in US
CalPERS, the biggest public pension fund, appears to have perpetrated the largest copyright infringement in the history of the news industry.
Read more...“Heads Should Roll at CalPERS”: Who Should Be Held Accountable for Massive Copyright Infringement?
CalPERS’ copyright theft is so large and indefensible that not only might it force a shakeup, but the truly responsible people could go.
Read more...Wolf Richter: Amazon to Slash Jobs at Whole Foods, Dump Cashiers, Switch to Cheaper Products in Price War with Wal-Mart
Amazon acquisition likely to crapify Whole Foods by cost-cutting: slashing and degrading jobs, and reducing quality.
Read more...Yanis Varoufakis: Latest Eurogroup Statement Keeps Greece on the Austerity Rack
The Eurogroup doubles down on Greek debt extend and pretend, to its members political advantage and at great cost to Greek citizens.
Read more...Trump Administration Welshes on “Repeal Dodd Frank” Promise, Does Not Back Key Elements of House Bill; Seeks to Give Banks Lots of Other Goodies
Banks are champing at the bit to get Dodd Frank “reform,” when for many, the changes will actually increase their costs.
Read more...Globalization and Executive Compensation
One way globalization has increased inequality: via executive pay.
Read more...Measuring the Impact of Immigration on Wages: The Mariel Boatlift Controversy
125,000 mainly low-skill Cuban immigrants arrived in Miami in 1980. Economists are still debating whether they lowered local wages.
Read more...Starved School Budgets Across the US: A Symptom of Education Funding Crisis
School budgets are in worse shape in many parts of the US than you might have imagined.
Read more...Theresa May in Election Jitters Caught Lying About Tory Plans to Cut The NHS
Quelle surprise! The Tories are scheming against the NHS!
Read more...The “Market Forces” Behind the Obamas’ Record-Setting Book Deal
The Obamas’ book deal exemplifies the thesis that if a payment is too high for the nominal services, it must be for something else too.
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