“Middle Class” Once Meant Stability and Now Means Fragility
The middle class used to be the bedrock of American institutions. Now its members are coping with an uncertain future.
Read more...Category Archives: Income disparity
A Way-Too-Early Handicapping of the 2020 Presidential Race
2020 is already in the news. so you might as well start working on your scoresheet!
Read more...Another Way the Rich Get Richer: US Indicts Fifty for College Admissions Fraud
Federal prosecutors indicted fifty people yesterday for college admissions fraud at several elite institutions, including Georgetown, Stanford, and Yale. Serious discussion of how college admissions procedures foster inequality is long overdue.
Read more...Economic Consequences of the U.S. Convict Labor System
US counties with convict labor often have lower wage and employment growth
Read more...Is a Harvard MBA Bad for You?
Why an MBA is not what it is cracked up to be.
Read more...Do Real Estate Markets Make Our Cities Less Livable?
Author Samuel Stein talks about how capitalism shapes cities.
Read more...China Syndrome Redux: New Results on Global Labour Reallocation
What did China gain when the US lost manufacturing jobs?
Read more...Bezos Admits His Fortune Is Due to Public Infrastructure….Even as He Fought Paying a Homeless Tax in Seattle, Shakes Down Cities for Subsidies
Bezos admits he and other squillionaires didn’t do the “heavy lifting” of building the infrastructure on which tech enterprises depend….yet tries to depict a space venture as a greenfield project. Help me.
Read more...The Rapid Victory of the West Virginia Teacher Strike Shows What Happens When Progressives Join the Fight Against School Privatization
What lessons can we draw from the success of the latest West Virginia teachers’ strike?
Read more...Inequality Indicator: Retirement Homes in Secondary Tourist Area (Door County) Bid Way Up
Yves here. Those of you who know and love Door County (a peninsula in Wisconsin with Lake Michigan on one side and Green Bay on the other) may be offended at it being called a “secondary” tourist area. But it almost entirely a regional holiday destination, laid back, outdoorsy, with lots of hiking and biking […]
Read more...Randy Wray: Response to Doug Henwood’s Trolling on MMT in Jacobin
Doug Henwood’s intellectually dishonest attack on MMT sadly shows how many soi-disant progressives are in fact hostage to neoliberal ideas.
Read more...Nomi Prins: Survival of the Richest, The March of Inequality
A look at the history of the rise in inequality in the US.
Read more...The Yellow Vest Phenomenon and the Radical Right
While some protestors outside France are using the yellow vest to make demands for and end to austerity and greater economic fairness, in some countries, far right wingers are taking up the costume.
Read more...Why Did Trump Choose to Be Such an Unpopular President?
Trying to make sense of Trump policies.
Read more...Skilling Released from Prison After A Decade of Doing Time: A Reminder of a Not So Distant Past, When the Rule of Law Applied to Corporate CEOs
Jeff Skilling, former CEO of Enron, was released Friday after doing twelve years of prison time: a reminder that corporate officers once were once prosecuted and sent to jail for corporate criminal activities.
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