America’s Hidden Water Affordability Crisis
Why water is a stealth crisis in places like Seattle and Atlanta and will become an economic and social problem for more cities soon.
Read more...Category Archives: Income disparity
Michael Hudson on Trump’s Tax Sleight of Hand
A skeptical look at some of Trump’s tax proposals.
Read more...Dismantling Public Education: Turning Ideology into Gold
Following the money behind the campaign against public education.
Read more...Bank of International Settlements Paper Confirms That High Levels of Household Debt Hurt Growth
We’ve written from time to time that not all debt is created equal. Prudent business borrowing enables companies to make investments and expand operations. And even though governments like the US that issue their own currency may nevertheless sell bonds, operationally they can simply create more dough to fund spending. The constraint on spending is […]
Read more...Free Trade vs Protectionism: Weapon of Mass Distraction
A historical take on the push and pull over “free trade”.
Read more...Gaius Pubilus: Obama and the Perez Election — Are the Democrats Trying to Fail?
After presiding over huge losses at all levels of government by the Democrats, Obama is determined to keep his dead hand on the party.
Read more...Democratic Party Orthodoxy in Action: “Hit With Some Serious Clinton Blame Cannons”
An example of Democratic Party pathology.
Read more...Can Europe Be Saved from Populism?
Two economists offer recommendations on how to defend Europe from an upsurge of populism. Unfortunately, their ideas give cause for pause.
Read more...Lancet Study on Life Expectancy by 2030 Confirms Poor US Performance
A new Lancet study on life expectancy for 35 countries puts up big red flags for US performance.
Read more...Michael Hudson: Why Failing to Solve Personal Debt and Polarization Will Usher in a New Dark Age
Crushing personal debt loads have repeatedly produced economic and social crises. The elites ignore the warning signs at their peril.
Read more...The Opioid Epidemic and the Face of Long-Term Unemployment
The role the opioid epidemic plays in long-term unemployment.
Read more...Why Extreme Inequality Causes Economic Collapse
A look at how rising inequality becomes systemically destructive.
Read more...Wearing White: What Resistance Looks Like in America’s Heartland
A labor struggle in South Bend as a window into unions’ ongoing resistance to corporate greed.
Read more...Grantham: ‘Twas Capitalism That Killed Capitalism
How capitalism became disconnected from social good, leading to hope for a “strong leader” will take on the rich and powerful.
Read more...Gaius Publius: Field Notes from the Battle Within the Democratic Party
Needless to say, the real war within the Democratic party is about who gets to feed at the trough.
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