Here’s What a Real Strike Looks Like: 150 Million Say No to Despotism in India
The Modi government is trying to stare down large-scale strikes against its labor “reforms” in India.
Read more...Category Archives: Income disparity
Wolf Richter: Housing Bubble Trouble in Silicon Valley & San Francisco
Housing is going pear-shaped in California tech-land….and you can’t blame it on a tech bust.
Read more...Richard Murphy: Davos Wants a Better Measure of Failure
Some Davos musings show that our elites aren’t what they are cracked up to be.
Read more...Starting the New Year Badly and Well
Handicapping the new year based on early indicators.
Read more...Piketty’s World Inequality Review: A Critical Analysis
Thomas Piketty and his colleagues have insisted that tax records are better for measuring inequality than income surveys. They’re wrong.
Read more...Intergenerational Mobility in the US: One Size Doesn’t Fit All
Economic mobility has fallen in the US. But which cohorts have suffered most and why?
Read more...Basic Income vs Guaranteed Jobs: What If We Paid Stay-At-Home Moms?
Wouldn’t it be great if we just paid women for the work they already do?
Read more...How the International Monetary Fund Imposes Its Economic Policies on Argentina
The IMF has a long history of strong-arming the direction of Argentina’s policies and economy.
Read more...The Decline of African-American and Hispanic Wealth Since the Great Recession
Unlike income inequality, wealth inequality along racial lines in the US has received relatively little attention. This column highlights how cuts to social security will disproportionately affect minorities.
Read more...Michael Hudson: The Vocabulary of Economic Deception
Michael Hudson gives a wide-ranging interview, discussing the importance of euphemism in obscuring power relationships and exploitation.
Read more...Short-Term Rentals and the Housing Market: Evidence from Airbnb in Los Angeles
Confirming Airbnb’s effects on rentals and home prices.
Read more...Don Quijones: Retail Melts Down Before Christmas in the UK, Spreads to Continent
After “the worst-on-record unbelievably bad” November, even e-commerce gets hit, not just brick & mortar, on fears Christmas sales could be terrible. Can we make out any a silver lining in this retail meltdown, signs of a shift necessary away from fast fashion toward a more sustainable future?
Read more...Debate: The ‘Gilets Jaunes’ Movement Is Not a Facebook Revolution
Clearing up misperceptions about the gilet jaunes and the role of social media in organizing.
Read more...What the US Could Learn from Thailand About Health Care Coverage
The fact that a low-income country like Thailand has universal health care coverage should put the US to shame….except our elites are incapable of that.
Read more...“You’re Worth $1 Trillion. Why Do You Need Our $3 Billion?” Angry New Yorkers Confront Amazon Execs at City Council Meeting
Amazon has said its new headquarters in New York will create 25,000 jobs for residents—a claim one protester derided as “smoke and mirrors”
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