Category Archives: Income disparity

Michael Hudson and Paul Craig Roberts: It Is Time To Remove The Debt Barrier To Economic Growth

Why it’s time for a widespread debt writedown.

Yanis Varoufakis: Draghi’s Outrageous Deployment of McKinsey, Europe’s Predicament, DiEM25’s Proposals

Yanis Varoufakis decries how McKinsey is undermining democracy in a putative first world country, a big step up from South Africa and Saudi Arabia.

The Long Term Damage of Economic Downturns

As the well off sail on, either unaffected by or profiting from Covid’s impact, for many, the economic damage is severe and lasting.

New York City Lost a Record 631,000 Jobs to the Pandemic in 2020. So What’s Next?

A look at the raw numbers behind the pain of New York City’s biggest economic downturn since the Great Depression.

Biden Stimulus Plan Shores Up Weakest Multi-Employer Pension Plans Rather than Taking on Private Equity Abuses

A Biden rescue of the sickest private pension plans goes largely under the radar.

Nomi Prins: To Build or Not to Build? The Infrastructure Question

For all sorts of bad reasons, American has a huge infrastructure spending backlog. But can we even do the job well?

Sports Desk: DoJ Files Amicus Brief in Support of College Athletes, While Congress Mulls Giving Them Rights to Their Names, Images, and Likenesses

Both the DoJ and Congress apparently side with college athletes over the NCAA in on antitrust and property issues.

Why the U.S. Manufacturing Renaissance Is Essential for U.S. Survival

Maintaining and reviving manufacturing capacity in key insutries is vital to preserving jobs and ensuring U.S. survival.

‘We Must Deliver on This Issue’: Jayapal Vows to Fight for $15 Minimum Wage

The Congressional Progressive Caucus chair said that despite the Senate failing to include the wage boost in the relief bill, the fight for $15 must go on.

Waste Watch: Europeans Get Right to Repair for Some Consumer Electrical Goods, While John Deere Reneges on Promise to U.S. Farmers to Make Diagnostic Software Freely Available

On March 1, the EU implemented a right to repair for some consumer electrical goods; which U.S. state will wake up and do the same?

The Jobs Recovery, Compared to the “Good Times” Trend

February confirms: V-shaped jobs recovery petered out in October about two-thirds into it.

Economists’ Rx: “Sick? Stay Home!”

Economists endorse sick day mandates. Pass the word.

Covid Baby Bust Has Governments Rattled

A falloff in baby production has capitalists very worried.

GOP Voting Rights Act Position Falls Apart in SCOTUS Arguments

The GOP scored an own goal in its Supreme Court arguments on a closely-watched Arizona voting rights case.