Is Higher Education a Pyramid Scheme?
Labor exploitation, higher education edition.
Read more...Category Archives: Income disparity
Michael M. Thomas, R.I.P
I am very much saddened by the death of Michael M. Thomas, from old money and high finance, and vocally unimpressed by them.
Read more...Close to 50% of US Workers Can’t Afford to Rent One Bedroom Housing
An update on the already desperate and worsening state of the market for renters in the US.
Read more...Why Elon Musk Isn’t Superman
Why Elon Musk, despite having built significant operating companies, is still mainly in the bezzle business.
Read more...More Hospitals Nearing Breaking Point as Covid Spikes; Skrimping on Nurses’ Pay Made Bad Situation Worse
Nurses get a lot of lip service, but not enough pay or respect, and that contrasted with Covid risks has led to many quitting.
Read more...The Best Policies to Fight Pandemics: Five Lessons from the Literature So Far
Mining various studies on pandemic interventions to see which look most effective.
Read more...Globalization, Specialization, and the Division of Labour
A new angle on why workers lose out as globalization increases.
Read more...Does the Tuskegee Experiment Really Explain Black Vaccination Rates?
A data analysis disproves the liberal myth that the Tuskegee experiment is why black vaccination rates lag, as opposed to (gah!) class.
Read more...Central Banks Must Address Pandemic Challenges
Central banks in developing countries must use monetary policy to enhance fiscal space and support relief, recovery and transformation.
Read more...Fed Up With Democrats, Thousands March to Demand Medicare for All
More voters recognize that the Democrats will do squat about expanded health coverage like Medicare for All unless they feel some heat
Read more...Grassroots Fight for $15 Movement Has Won $150 Billion in Raises for Millions of Workers, Study Shows
The campaign to raise the hourly wage to $15 has been racking up successes, even if the press doesn’t much take notice.
Read more...Wolf Richter: After Slashing 33% of Workers in 6 Years, Railroads Complain about Labor Shortages, amid Uproar over Slow Shipments
Railroads are finding it difficult to hire workers and their labor shortfall has prevented them from meeting transportation demand
Read more...Beware of World Economic Forum/Gates UN Food Systems Summit Trojan Horse
The Gates Foundation and the WEF are steamrolling normal UN processes as part of a campaign to discredit sound agroecology practices.
Read more...Artificial Intelligence Wants You (and Your Job)
Yves here. Two things about increased automation frost me. One is its stealth or main purpose as forcing planned obsolescence. So irrespective of the impact on job/labor content, any savings won’t necessarily accrue to users. Two is automation/AI serving as an excuse to shift costs and tasks onto consumers. How many times do customer service […]
Read more...DoJ Bankruptcy Trustee Lambastes Provisions to Protect Sacklers in Purdue Bankruptcy Exit Plan as “Illegal”
Feds weigh in on Purdue bankruptcy plan, raising possibility that Sacklers won’t get off more or less scot-free for their role in the opioids crisis.
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