Category Archives: Income disparity

America’s Subprime Economy

This so-called expansion is more and more brought to you by subprime borrowings.

Economy of Intangibles

Has the rising role of intangibles, as in intangible assets. helped cause secular stagnation?

Don Quijones: Multiyear, Job-Creating, Mass-Tourist Boom in Spain Runs Out of Steam

Tourism in Spain accounted for a quarter of the jobs created since 2013 — but mass-tourism of this type brings its own problems.

Michael Hudson: Argentina Gets Biggest IMF Loan in History

Leftout podcast of The Hudson Report, with Michael Hudson, discussing the award to Argentina of the biggest loan in the IMF’s history (includes transcript).

Trump’s Visit Marks the Start of Shock Doctrine Brexit

As Brexit approaches, the personal enrichment hopes of some of its proponents come into focus.

Leaving Money on the Table: Declining Responsiveness and the Productivity Slowdown

Job reallocation is an important determinant of productivity. This column uses US data to show that a decline in the degree of job reallocation in response to shocks is behind the overall fall in the rate of reallocation over the past decades.

Michael Olenick: Update Confirms That Share Buybacks Are Still Corporate Suicide

Reconfirming the findings of a study that debunked some key claims about the supposed benefit of stock buybacks.

The Jobs Guarantee, “Make-Work,” and FDR’s Civilian Conservation Corps (CCC)

Recapturing the lost history of the FDR administration

Richard Murphy: Ignore the Gini Coefficient – Real Inequality Is Growing and People Are Suffering as a Result

More lying with statistics on the inequality front.