Raising Minimum Wages Reduces Recidivism
Another benefit of higher minimum wages.
Read more...Category Archives: Income disparity
The Super Rich Get Even Richer
The continuing rise in wealth of the super rich bodes ill for financial and social stability.
Read more...Cryptocurrencies: Financial (In)stability and (Un)fairness
If private cryptocurrencies were to find widespread economic use, either coexisting with or fully displacing fiat money, the result would be increased financial instability, inequality, and social instability.
Read more...From Brothels to Independence: The Neoliberalization of (Sex) Work
Sex workers in the UK are by now just another part of the online, freelance, customer-reviewed digital economy. They story of how they got there exposes a dangerous shift.
Read more...Erasing Economics and Economic Policy from Politics: The Race and Xenophobia Sideshow
More and more economic studies find that inequality hurts growth. Adolph Reed discusses why politicians focus on divisive messaging rather than broad-based economic policies.
Read more...Big Money—Not Political Tribalism—Drives US Elections
Conventional wisdom asserts that American politics is becoming more and more tribal. But the chiefs of the tribes share a lot in common: dependence on big money.
Read more...Economic Distress Did Drive Trump’s Win
Contrary to the dominant media narrative, social issues like racism and sexism on their own can’t explain Trump’s success.
Read more...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...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.
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