Between 1920 and 1992, English elites concealed 20-32% of their wealth. Accounting for hidden wealth eliminates one-third of the observed decline of top 10% wealth share over the past century.
Read more...The EU’s flyover, meaning areas in economic decline, are also its hotbeds of discontent and anti-EU sentiment.
Read more...A takedown of the pharmaceutical industry’s assertion that it need to price gouge so it can invest in R&D. Profits go almost entirely to various forms of looting.
Read more...A proposed provision in the so-called “NAFTA 2.0” to increase autoworker wages in Mexico is raising hackles south of the border.
Read more...Nurses, or more accurately, nurse staffing levels demonstrate a central bad incentive in American medicine.
Read more...Why innovation isn’t necessarily a good thing.
Read more...Tucker Carlson takes on the feared vulture capitalist Paul Singer as an examplar of how hedge funds are destroying American communities.
Read more...A short take on John Week’s new book, The Debt Delusion, and why it matters.
Read more...Emerging economies want large scale subsidies from their richer brethren to pay for them to move to green energy sources.
Read more...The upcoming UK election will usher in major change. But will it be change that benefits ordinary people?
Read more...War is America’s new normal, and it’s deadly.
Read more...AOC rebukes Pete Buttigieg on his plan to means test expanded funding for college tuition.
Read more...Subprime loan repayment continues to deteriorate. What is going on?
Read more...Federal prosecutors in Brooklyn have initiated an investigation that could lead to criminal charges against at least six opiods companies.
Read more...Obama would try and stop Sanders if it looks likely Bernie would get the nomination – regardless of whether that’s the best shot to defeat Trump.
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