Lack of Hope in America: The High Costs of Being Poor in a Rich Land
Tying the loss of economic mobility to the loss of hope and personal despair.
Read more...Category Archives: Income disparity
The Mega Rich Are Getting Mega Richer: A Former CEO Exposes the Corruption Behind Their Obscene Paychecks
Discusses broader economic effects of gross income inequality– driven by obscene CEO pay rises.
Read more...A 21st-Century Form of Indentured Servitude Has Already Penetrated Deep into the American Heartland
Corporations want to make sure that laborers never again have the power to tell big business how to treat them.
Read more...Monetary Sovereigns, Monetary Subjects: Modern Money & The Criminal Legal System
On the connection between money, and in particular monetary sovereignity, and the criminal justice system.
Read more...The Retirement Wealth Inequality Machine
A fine, high level description of the retirement problem in the US, coupled with a not-as-stellar remedy.
Read more...Lee Camp: Enjoy the Trump Show While Wall Street Pillages the Country
Trump’s Wall Street allies are pleased that the press isn’t paying much attention to market froth and rising debt as he pushes deregulation.
Read more...Ben Bernanke, in Denial? “When Growth is Not Enough”
Bernanke is selling the idea that things aren’t that bad….which is true if you are in the top 20%, which he also kinda acknowledges…
Read more...Poverty, Crime and Causality
A Swedish study has some novel findings on the relationship between crime and poverty.
Read more...When Trying to Increase Your Pay Was Dangerous
The long and often brutal history of owners scheming to contain pay levels.
Read more...Economics of the Populist Backlash
Populist movements are the regular result of trade-induced economic dislocations and distribution. So why were economists surprised?
Read more...The Slogan ‘Globalization Equals Growth’ Is Wrong
Looking at different types of globalization helps explain why it isn’t necessarily beneficial.
Read more...Inequality: How We Got Here, and What Should Be Done
More discussion of the causes of rising inequality and possible remedies.
Read more...Mass Incarceration’s Dangerous New Equilibrium
On the shameful origins of and incentives behind mass incarceration.
Read more...Some People “Would Rather Have 1st Class Seats on the Titanic Than Change the Course of the Ship”
Why it is necessary to depose Democratic party leaders like Pelosi and Schumer to have any chance of winning class and climate change wars.
Read more...It’s Not (Just) the Working Class. It’s the Service Class
Why the way for Democrats to regain political power is to target the service class…assuming they can bring themselves to do that.
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