Private Equity and Hedge Fund Barons Having a Hissy Over Carried Interest Grift Because Biden Isn’t Staying Bought
The end of the carried interest loophole has been long in coming. Will the sell-by date finally arrive?
Read more...Category Archives: Income disparity
Why Workers Memorial Day Is a National Call to Action
On the odd decision by American labor unions to have their own solidarity day, the Workers Memorial Day, rather than participate in May Day.
Read more...Even Credentialed Young People Pessimistic About Their Futures
The fact that even well-placed young people are insecure and pessimistic is further proof of the impact of inequality and rentierism.
Read more...We Really Do Need to Rethink the Economics of Saving, Most of Which Is Nonsense
Savings plays an important role in household management (or does when the household isn’t desperate), yet economists don’t get it.
Read more...The Corporate Food Takeover
Corporate ownership in many sectors of food production has risen and is set to increase further. Another rentier program well underway.
Read more...Safe Speech vs Free Speech: Higher Education’s False Dilemma
Universities should remember that the original purpose of free speech was to empower the weak, not to shelter them.
Read more...From an Un-Caring Economy to a Caring Economy: The Tax Justice Network Podcast, April 2021
“Caring economy” sounds awfully soft and fuzzy. However, it may finally be time to reject utlitarian views of how we organize our resources.
Read more...Money Alone Can’t Fix Central America – or Stop Migration to US
The US has played a big role in creating near or actual failed states in Central America. Are we capable of improving conditions?
Read more...Michael Hudson: Plato, Aristophanes and Aristotle on Money-Lust, 399-380 BC
While Plato, following Socrates, saw money as leading to hubris, Greek philosophers didn’t care much for working men either.
Read more...The Coronavirus Crisis Within the Economy Is Far From Over – Because Reopening Creates a Whole New Type of Risk
Whither the post-Covid economy, assuming a “post-Covid”? The answer depends at least in part on where you sit.
Read more...Softer Monetary Policy Increases Inequality
Quelle suprise! Asset-goosing loose monetary policy helps the rich more than the poor even in egalitarian Denmark.
Read more...Another False Start in Africa Sold with Gates Foundation Green Revolution Myths
The Gates-Foundation-promoted Green Revolution has proven harmful and also crowded out safer and effective ecological agriculture projects
Read more...Jury Finds Derek Chauvin Guilty of Second Degree Murder, Third Degree Murder and Second Degree Manslaughter in George Floyd Trial
Jurors in the George Floyd trial found Derek Chauvin guilty on all counts: second degree nurder, third degree murder and second degree manslaughter
Read more...Covid Is Hitting Workers Differently Than the Financial Crisis
Unlike the Great Recession, the pandemic has hit women workers harder than men, as well as the job prospects of lower education workers.
Read more...Applications for New Businesses Have a Double-WTF Moment
Federal data says new businesses are being formed in droves. But PPP fraud complicates this otherwise positive picture.
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