Technology Change Not the Culprit in Wages Falling Behind US Productivity Gains
Larry Summers and Anna Stansbury challenge the idea that workers getting a smaller cut of the productivity gains pie is due to technology.
Read more...Category Archives: The destruction of the middle class
Law Professor Proposes Bringing Back Indentured Servitude
Indentured servitude is the new idea for how to get immigrants to come to American at less than minimum wage pay.
Read more...Growth-Equity Trade-Offs in Structural Reforms
There is a fear that certain reforms could further exacerbate inequality….
Read more...The Free Market Threat to Democracy
Democracy is not under stress – it’s under aggressive attack, as unconstrained financial greed overrides public accountability.
Read more...Monopoly Now Wants You to Cheat—Just Like Real Capitalists
Bad monopoly behavior, both in the classic game and in real life, are ever more in vogue. But a backlash has begun.
Read more...Economies of States Versus Economies of Cities
Why are some cities doing better than the states they inhabit?
Read more...The Revenge of the Places That Don’t Matter
The idea that people are attached to the places where they live has been ignored by economists and politicians, to their peril.
Read more...What Bernie’s Historic 2016 Teaches for 2020
Sanders’ near-win in the Democratic primary with no corporate support was a first, proving that small money plus a serious message can succeed
Read more...Whole Foods Becomes Amazon Hell Foods as Employees, Managers Quit, Cry on the Job….and These People Want to Run Your Healthcare?
Amazon is being its vicious self yet again, now at Whole Foods.
Read more...Gaius Publius: Democrats Laying Their Own Bonfire
The Democrats are increasingly cocky as potential voters become more and more angry over their pro-Establishment policies.
Read more...How Amazon’s Accounting Makes Rich People’s Income Invisible
How Amazon’s predatory non-profit model is a particularly potent form of rent extraction.
Read more...Why Pretty Much Everything You Know About Depression Is Wrong
A new book takes issue with the widespread medicalization of depression.
Read more...International Trade and Globalization: Are Benefits Truly Mutual?
Questioning economic orthodoxies on trade.
Read more...More Power to the Workers: Seymour Melman on Extraction by the Military, Managers, and Finance
Why workers are the nexus of production and prosperity.
Read more...Why Inequality Predicts Homicide Rates Better Than Any Other Variable
Why increases in inequality lead to increases in the rate of homicide.
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