The Ludicrous Prepper Plans of the Super Rich
A perverse bit of good news: the super rich aren’t planning their survival moves any better than they are executing their leadership roles.
Read more...Category Archives: Income disparity
Life’s a Pitch
Another sign of economic insecurity: the pitch economy, where competition becomes more and more degrading.
Read more...Another Way the Rich Preserve Their Advantage: Grade Inflation in Private Schools
Private school grade inflation is a small but nevertheless telling factor in how class mobility has fallen in the US.
Read more...How to Use Fiscal and Monetary Policy to Make Us Rich Again
On the obvious and high cost of abandoning fiscal policy in favor of monetary policy…save for asset owners.
Read more...After Neoliberalism, What Next?
The neoliberal order has failed and is creating more and more political and social upheaval. Some elements of a new system may be in sight.
Read more...Wolf Richter: Worst Restaurant Recession Since 2009 Dings Inflation
Stagnant restaurant sales show consumers are tapped out.
Read more...The Case Against a Consumption Tax
Why a consumption tax does not hold up under close scrutiny.
Read more...“The Changing of the Guard:” The Prescient 1980 Book That Foretold the Democrat Love Affair With Neoliberalism
How up and coming Democrats in the 1970s and 1980s decided being wannabe Republicans was a path to power.
Read more...The Opioid Crisis: Treating Root Causes of Addiction
Trump’s declared opioid crisis a national emergency; author Dr. Gabor Mate says effective policy would address the causes of addiction.
Read more...Surprise: The 1% Is Overrepresented in the Ivy League
Ivy League and other elite colleges have become even more economically exclusive.
Read more...Is Skynet Really Coming After Jobs?
An Elon Musk tweet prompts a new round of debate over the risk of AI to jobs and social stability.
Read more...Flagging Productivity Growth – How Much Is Due to Bad Management?
Have management fads contributed to the fall in productivity growth?
Read more...Nurses: Paul Krugman Gives ‘Shallow Political Advice’ On Health Care Reform
While the National Nurses Union back national health care, they are cautiously calling only for Medicare for All, not a more robust system.
Read more...Foxconn’s Con: Seeking Whopping Subsidies for Wisconsin, Michigan Manufacturing Jobs…If They Happen
What the dodgy Foxconn scheme to build factories in the US says about Trump’s commitment to job creation.
Read more...Trump as “Consequence, Not Cause” of the Collapse in the Post Cold War Consensus
How press and pundit fixation on Trump diverts public attention from power structures that work against ordinary Americans.
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