Michael Hudson: The Coming Savings Writedowns
Michael Hudson’s latest: Debts that can’t be paid, won’t be. When debts can’t be paid and debtors default, what happens to these creditors?
Read more...Category Archives: Income disparity
Nobel Economist Angus Deaton: Inequality is Destroying Democratic Capitalism
Angus Deaton argues that the present level of inequality is a threat to “democratic capitalism” but contends that historically, even more severe inequality has been reversed.
Read more...The Politics of CEOs
Quelle surprise! CEOs back parties with an eye to increasing their own power.
Read more...Incentivizing an Ethical Economics
History shows that incentivizing the wealthy to contribute to the population’s basic needs makes everyone a winner.
Read more...Willing to Pay for Security: Gig Workers, Freelancers, and the Self-Employed Want Steady Jobs
Quelle surprise! Workers want a steady paycheck.
Read more...Why Are Billionaires Like Jeff Bezos So Interested in Space?
There are good reasons to be leery of billionaires colonizing a public sector activity like space exploration.
Read more...The Numbers Are In, and Trump’s Tax Cuts Are a Bust
Why Trump’s tax “reforms” didn’t deliver on growth, just on rentierism.
Read more...The ‘New Right’ Is Not a Reaction to Neoliberalism, but Its Offspring
Why the success of the far right shows that neoliberalism is very much alive and well.
Read more...Why Social Mobility Is a Lousy Idea
Recognizing social mobility as yet another “divide and conquer” strategy.
Read more...How NGOs in Rich Countries Control their Counterparts in Poor Countries..and Why they Refuse to Resolve it
Many NGOs around the world are fighting inequality between the rich and the poor, but the bigger NGOs are unwilling to fight policies that keep rich NGOs richer.
Read more...Will Democratic Party Superdelegates Prevent a Progressive Nominee in 2020?
This Real News Network interview discusses the threat of superdelegates intervening in the 2020 Democratic party convention.
Read more...Is There a Global Future for Unions?
A personal retrospective on the forces driving the rise and decline (and hopeful revival) of unions.
Read more...A Way Out from Rock Bottom: Economic Policies Can Reduce Deaths of Despair
Looking at how specific income-boosting policies reduce deaths.
Read more...It Is Time To Start Forgiving Student Loans – And Here Is What It Will Cost
A far-ranging plan for cleaning up the student loan mess.
Read more...Martin Wolf v. Trumponomics Whiffs Due to Fealty to Orthodoxy
The Financial Times’ Martin Wolf has a go at Donald Trump, but manages to score an own goal as far as his profession is concerned.
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