Why Inequality Predicts Homicide Rates Better Than Any Other Variable
Why increases in inequality lead to increases in the rate of homicide.
Read more...Category Archives: The destruction of the middle class
Thomas Frank: Obama Chose Wall Street Over Main Street
The Democratic Party must acknowledge that the 2008 crash created conditions for much more progressive policies – but Obama did not step up.
Read more...What Sounds Better To You – Guaranteed Basic Income Or Federal Job Guarantee?
Even though a basic income sounds appealing, a job guarantee will do more to restructure power relations in society.
Read more...Larry Summers: Reagan’s Tax Plan Was Better Than Trump’s
Summers on inequality, the GOP tax plan, and US economic prospects.
Read more...Defining the Tax Reform Battleground
How tax “reform” policy discussions reinforced destructive economic ideas.
Read more...Why Stopping Tax “Reform” Won’t Stop Inequality
Inequality isn’t driven by taxes—it’s driven by the power of capital in relation to workers.
Read more...Gaius Publius: What Would Happen if Sanders Ran for President in 2020?
Speculating on Sanders 2020…
Read more...Pharma Impunity and the Opioids Crisis
Legal liability and opioids crisis: Why do the big fish always seem to get away? Will state lawsuits make a difference?
Read more...Corporatizatizing The All-Administrative University
How parasitic administrators are ruining university education.
Read more...The Crisis Ahead: The U.S. Is No Country for Older Men and Women
Yves here. I imagine many readers are acutely aware of the problems outlined in this article, if not beset by them already. By any rational standard, I should move now to a much cheaper country that will have me. I know individuals who live most of the year in third-world and near-third world countries, but […]
Read more...Can Uber Ever Deliver? Part Eleven: Annual Uber Losses Now Approaching $5 Billion
Uber’s ever-widening losses confirms Hubert Horan’s thesis that Uber has no credible path to profit absent a radical downsizing.
Read more...Benign Effects of Automation: New Evidence from Patent Texts
A new study on automation suggests that even if the robots are coming for your job, they create even more jobs.
Read more...Republicans Plan to Cut Food Stamps as Homelessness Rises in the US
Republicans want to take food out of children’s (and adults’) mouths by cutting food stamps. One likely result is an increase in homelessness.
Read more...Eastern Europe Showed How Neoliberalism Produces Reactionary Populism, Like Trump
Trump’s antecedents in Eastern Europe show how widening inequality and failed economic promises pave the way for reactionary politics.
Read more...Gaius Publius: Deficit Talk Is a Trap. Will Democrats Fall Into It?
The Democrats would join the Republicans in using deficits to justify cutting Medicare, Social Security, and other services. Don’t let them.
Read more...