Gaius Publius: Why Is Thomas Frank Puzzled?
Is Thomas Frank really puzzled about the feckless Dems? Or is he still hoping they might change their stripes?
Read more...Category Archives: Income disparity
Puerto Rico: 1427 Hurricane Maria Deaths
Government of Puerto Rico presents report to Congress acknowledging 1427 Hurricane Maria details– more than twenty times the previous estimate it had given. Meanwhile, prospects for meaningful debt relief remain slight.
Read more...Empires, Past and Present
Which countries fit criteria that would lead them to be classified as empires?
Read more...When Social Policy Saves Lives: Analyzing Trends in Mortality Inequality in the US and France
Mortality data from France makes a strong case for single payer.
Read more...Baltimore Set To Be First Major US City to Ban Water Privatization
The city of Baltimore is poised to denounce the privatization fairy and reject privatization of its water and sewage system.
Read more...Asset Prices and Wealth Inequality
How asset prices have driven the evolution of US wealth inequality over the last 70 years.
Read more...Richard Murphy: Writers of Labour’s “Fiscal Rule” Lash Themselves to the Austerity Mast
Labour’s economists show their Third Way colors and advocate austerity-generating policy rules that might as well have been penned by former Treasury Secretary, later Citigroup vice chairman Bob Rubin.
Read more...Neoliberalism Drives Climate Breakdown, Not Human Nature
Attempts by the New York Times to blame humanity as a whole for climate change let the real culprits off the hook.
Read more...Inequality and Ordinary Living Standards in Rich Countries
How the evolution of the rise in inequality in the US has dominated and distorted economists’ and pundits’ commentary; data show that some pet generalizations don’t hold up.
Read more...Austerity Caused Brexit
Yves here. Lambert sent me a copy of the underlying paper on Brexit voting patterns a week ago, suggesting I write it up. I sat on it due to focusing on seemingly more pressing stories, plus being behind on administrativa due to travel. I’ve embedded the article at the end of this post. This finding […]
Read more...The Michael Hudson Report: The “Next” Financial Crisis and Public Banking as the Response
Michael Hudson explains how we’re still in the crisis that started in 2007-2008.
Read more...Misperceptions About Immigration and Support for Redistribution
A large scale survey in six countries found that respondents typically had inaccurate ideas about the level of immigration, but thinking about migrants made them less supportive of redistribution policies.
Read more...Taxcast: A Firewall to Protect EU Citizens from the Big Four Accountancy Firms and the Tax Avoidance Lobby
In the Tax Justice Network’s July 2018 Taxcast, Vickie Cann and John Christensen examine a proposal for a firewall to protect EU citizens from the Big Four accountancy firms and the tax avoidance lobby, as well as look at a new report from the Corporate Europe Observatory.
Read more...The Middle Precariat: The Downwardly Mobile Middle Class
The middle class has taken a big hit. Is it going to mobilize?
Read more...Michael Hudson: Argentina’s New $50 Billion IMF Loan Is Designed to Replay its 2001 Crisis
Michael Hudson explains why the new IMF bailout of Argentina will not end well.
Read more...