The War on Poverty, Then and Now
President Johnson’s War on Poverty reduced on poverty rates, but progress stalled over 40 years ago. But things would be even worse otherwise.
Read more...Category Archives: Free markets and their discontents
Ilargi: Our Economies Run On Housing Bubbles
A look at the long-term role of home price bubbles in multiple countries.
Read more...The Paradoxes of Fiscal Austerity in Brazil
Brazil as a test case of austerity per neoliberal theory v. outcomes.
Read more...Inequality Update: Who Gains When Income Grows?
In a perverse reversal of historical norms, more growth produces more inequality as a result of economic policy and changes in legal rights.
Read more...MIchael Hudson: The Democracy Collaborative
Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.
Read more...How Monopolies Stymie Political Activism: The Case of Black-Owned Businesses
Black businessmen and political thinkers long recognized that monopolies threatened their communities and their ability to serve as activists,
Read more...A More Equitable Economy Exists Right Next Door
Meet Quebec’s social economy.
Read more...Commercial & Residential Real Estate Bubble Again a Risk to Financial Stability; Fed’s Rosengren Worried
Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?
Read more...Who Benefits From the Mayo Clinic Explicitly Putting Commercially Insured Patients Ahead of Some Government Insured Patients?
The Mayo Clinic takes a big step backwards in patient care.
Read more...The Global Industrial Working Class
Why industrial workers are better positioned than most observers think…just not in the US and many other Northern Hemisphere countries.
Read more...Is Trump Going to Punt on H-1B Visa Reform?
The lack of updates from the Trump Administration about H-1B reform suggests it will miss a key window of opportunity.
Read more...Will Amazon Destroy More US Jobs Than China?
Why Amazon will destroy a lot more jobs.
Read more...Uber President Resigns Unexpectedly, Citing Problems With “Beliefs and Approach to Management”
Yet more news of internal discord at Uber.
Read more...The Role of Experts in Public Debate
How experts, as in economists, wrap themselves in a mantle of jargon and supposed superior insight to promote policies that screw workers.
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% […]
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