Democracy Depends on Broad-Based Taxation—History Is Clear About That
How governments raise revenue, as in taxation versus slavery or external extraction, determines their accountability to citizens.
Read more...Category Archives: Income disparity
Economic Questions: Guy Standing and the Rise of the Precariat
Guy Standing’s notion of the precariat, and his policy observations and prescriptions.
Read more...The Causes & Consequences of Orban’s Downfall
“Most Hungarians came to take Orban for granted and won’t appreciate what they had until it’s gone.”
Read more...Bombing Schools Abroad, Destroying Education at Home
As the US and Israel work to destroy Iranian education centers and cultural heritage sites, US oligarchs want to put a meter on knowledge.
Read more...Sanders Leads Launch of ‘Union Now’ Movement to Fight ‘Status Quo Economics’
Union Now event featuring Sanders, NYC Mayor Mamdani, and Association of Flight Attendants-CWA international president Sara Nelson hits right notes, but is thus far light on details.
Read more...‘Disgusting’: Trump’s Top Economic Adviser Brags About Killing 300,000 ‘High-Paying’ American Jobs
A key Trump ally engages in economic malpractice to defend Federal government slash and burn spending cuts.
Read more...Gig Jobs and Crime: Evidence from Food Delivery Platforms in France
Is gig work socially beneficial as an alternative to survival via crime?
Read more...Satyajit Das: BNPL – Buy Now, Pain Later
A look at the economics of the hot new way to create yet more debt slaves: BNPL, as in buy now pay later loans.
Read more...How Polling Failures, Gambling Legalization and Political Gridlock Paved the Way for the Explosive Rise of Prediction Markets
In the opinion of this humble blogger, prediction markets epitomize what is wrong with modern society. l
Read more...Iran War: More Signs of a Long Conflict and Resulting Severe Economic Damage
The latest Iran war update: both sides dig in, virtually assuring at least a long-ish conflict and economic devastation.
Read more...The Economic Consequences of a Low-Skilled Immigration Sudden Stop: Evidence from Korea’s Guest Worker Programme
The example of South Korea suggests that a halt in immigration by low-skilled workers does not boost pay or job conditions for natives.
Read more...Claims About Genetic Superiority Ignore the Real Drivers of Human Inequality
People should be more concerned with the effects of the policies imposed by the Trumps and Musks of the world than the DNA passed on by their parents.
Read more...Boomerangs of Empire: Latin America as Colonial Laboratory
A Latin America case study on how the pursuit of empire has come to haunt the US.
Read more...Causal Evidence on Cost-of-Living Shocks: How the Energy Crisis Affected Energy Demand, Labour Supply, and Financial Strain
Quelle surprise! Poorer households have to make across-the-board spending cuts when hit with a price shock.
Read more...Economic Questions: The Thorstein Veblen Question
A timely recap of Thorstein Veblen’s theory of conspicuous consumption and its implication.
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