Looting, American Style: CEOs Get Big Pre-Bankruptcy Bonuses Even When Lenders and Employees Stiffed
Failed CEOs succeed in looting their companies on the verge of bankruptcy filings.
Read more...Category Archives: Income disparity
Fiscal Austerity and the Rise of the Nazis
Local economic data and election results in Weimar Germany shows that more acute austerity led to more Nazi support.
Read more...Fed Economists Finger Monopoly Concentration as Underlying Driver of Neoliberal Economic Restructuring; Barry Lynn in Harpers and Fortnite Lawsuit Put Hot Light on Tech Monopoly Power
Some good work on monopoly is marred by the bizarre inclusion of Uber. Its predatory pricing is the result of deep pockets and ideology, not potential market power.
Read more...As Courts Re-Open, Britain’s Renters Must Confront the Power of Landlords
Renters and landlords need to come to terms in the Covid-19 new normal. But it’s not shaping up to be pretty.
Read more...Mortgage Delinquencies Jump by Most Ever. 60-Day Delinquencies Hit Highest Level Ever. Record 16% of FHA Mortgages Delinquent. What a Mess
A spike in mortgage delinquencies says more bad results are coming, particularly with no new stimulus in sight.
Read more...What Will the Real American Resistance Look Like — Chaotic Rebellion or Organized General Strikes?
As lower and middle income Americans slide into dire straits thanks to Covid-19, political pressure is building. But are Americans capable of rebellion?
Read more...“Everything’s Fine”: The Comfortable, the Afflicted, the Beakwetters, the Gaslit
Rant, annotated.
Read more...The A Levels Results Crisis and the Covid Education Train Wreck
Covid-19 is increasing inequality in educational outcomes, and that problem isn’t going away any time soon.
Read more...Summer Rerun: Journey Into a Libertarian Future: Part I –The Vision
An examination of libertarian thinking, based on the work of one of its strong-form proponents, Hans-Hermann Hoppe.
Read more...The Pandemic Has Revealed America’s Zip Code Map of Inequality
The impact of the Covid-19 pandemic on lower-income communities was decades in the making.
Read more...Re-Localizing Industry, One Thing at a Time
Even Covid-19 can have a silver lining: industry supply chain breakage and relocalization initiatives are bringing some manufacturing back to the US.
Read more...Covid-19 Shortages Continue and Could Get Worse
Covid-19 still stalks the land and winter is coming.
Read more...Racial Disparity in COVID-19 Deaths: Seeking Economic Roots in Census Data
The higher rate of black deaths to Covid-19 appears due to higher infection rates. That suggests that work and living conditions put them much more at risk.
Read more...America’s Obesity Epidemic Threatens Effectiveness of Any COVID Vaccine
Politicians and the public rest their hopes on emergence of a safe and effective COVID-19 vaccine. Will it work on the obese?
Read more...Why Capitalism Is in Constant Conflict With Democracy
A high level, if flawed, critique of democracy American style.
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