Michael Hudson: Rescuing the Banks Instead of the Economy
Michael Hudson on his themes of how banks are mainly funding real estate rather than the economy and the problem of failing to write down debt that can’t be repaid.
Read more...Category Archives: Income disparity
Buried in “Hilariously Stupid” White House Attack on Socialism, An Accidentally Strong Argument for Medicare for All
Amid hysterical comparisons between Senator Bernie Sanders and Mao Zedong, the Council of Economic Advisers unwittingly makes a solid case for socialist policies.
Read more...Can Americans Learn to Scale Their Partisan Walls?
Connecting across differences may be the only thing that will save Americans from rule by the privileged few.
Read more...FICO Gets Creative With Credit Scores to Facilitate Getting More Americans in Debt
FICO is evil.
Read more...Marshall Auerback: The Democrats’ Globalization Dilemma
It’s no secret that globalization created losers, and the Democrats seem determined to ignore them.
Read more...Ending the Evil of Student Loans
A set of proposals on how to reduce the damage done by the overhang of student loans.
Read more...J.D. Alt: Will the Democrats Change the Subject?
Will the Democrats get out of their own way?
Read more...Jason Perez’s Ouster of CalPERS Board President Priya Mathur Sends Shockwaves Among Private Equity, Environmental, Social & Governance (ESG) Boosters
Jason Perez’s win over ESG advocate Priya Mathur has ESG fans deeply worried.
Read more...Is India on Its Way Out of Poverty?
Jayati Ghosh, professor of economics at Jawaharlal Nehru University in New Delhi, discusses a recent UNDP report showing that poverty in India has halved in the last 10 years, and the newly unveiled healthcare plan for the bottom 40% of the population, nicknamed “Modicare.”
Read more...Costing the Country: Britain’s Finance Curse
More discussion of the downside of having too much finance.
Read more...Inequality Represents a Wasted Opportunity for Poverty Reduction
If poverty is falling, why you should still care about what happens to inequality.
Read more...How Inequality Harms Mental Health
Economic justice goes a long way to improving mental health up and down the socioeconomic ladder.
Read more...“High End” Apartment Construction Totally Dominates, Creates Mismatch of Supply & Demand
Urban apartment development all over the US has been heavily skewed towards luxury units, even though there isn’t enough demand for all the supply.
Read more...New Study: Median Uber Driver Earnings $9.73/Hour After Conservative Assumption for Costs
More on the dismal economics of being an Uber driver.
Read more...Why the Distribution of Wealth Has More to Do With Power Than Productivity
How statistics about wealth mislead, and why that matters.
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