Category Archives: Income disparity

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.

Softer Monetary Policy Increases Inequality

Quelle suprise! Asset-goosing loose monetary policy helps the rich more than the poor even in egalitarian Denmark.

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

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

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.

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.

Pricey Learning Pods Are Now Helping Vulnerable Students. Will the Trend Survive the Pandemic?

A case study of the “innovation” of learning pods, and why they are being promoted as an alternative to remote instruction.

Whither AOC?

Trying to make sense of AOC’s gambit of giving $160,000 at $5,000 a pop to Dem Congresscritters who mainly hate her.

Lessons from the First New Deal for the Next One

Whether it is called “Build Back Better” or a Green New Deal, it is imperative to reject the false dichotomy of “jobs against climate.”

Only Multilateral Cooperation Can Stop Harmful Tax Competition

International tax reform, to check multinational tax avoidance, has made perilously little progress. Will Yellen’s backing make a difference?

UNCTAD’s Richard Kozul-Wright on the Post-COVID World Economy: Out of the Frying Pan… Into the Fire?

Kozul-Wright warns that for a sustainable Covid-19 recovery, it is key to abandon policies that concentrate economic power and wealth

Expose at Pennsylvania’s Biggest Public Pension Fund Reveals Lavish Private Equity Travel, But Misses How It Serves as a Bribe

Pennsylvania pension fund PSERS is under the hot lights for pricey travel. And its explanations only confirm its capture by private equity.

Michael Hudson Asks Our Readers: If Democracy Winds Up Creating Financial Dominance, What Do We Call China?

Michael Hudson seeks reader input on what to call modern governments not run by traditional nobles or financial interests.