Flint Official Escapes Imprisonment, Only Has to Write Apology Letter
The optics around a Flint water plea deal are not good.
Read more...Category Archives: The destruction of the middle class
Doubling Down on Dystopia
What dystopian novels and narratives say– and fail to grasp– about the triumph of Trump’s will.
Read more...Campaign Calls on Bernie Sanders to Lead a New Party
With the Democrats getting their claws into reform efforts like Our Revolution, is a Sanders-led party the most viable route for change?
Read more...Michael Hudson: Retirement? What Social Obligation?
How neoliberals have rewritten the social contract around retirement.
Read more...Brexit: More on the UK’s Weak Hand
Yet more debunking of pro-Brexit fantasies.
Read more...America’s Hidden Water Affordability Crisis
Why water is a stealth crisis in places like Seattle and Atlanta and will become an economic and social problem for more cities soon.
Read more...Keynesianism and the Great Recession
Why abandoning Keynesianism in favor of neoliberalism set up the financial crisis and led to inadequate post-crisis responses.
Read more...Working for Amazon: Better Than Sex, Worse Than Hell (Part 2)
Amazon warehouse workers describe the future of non-elite work in the 21st century.
Read more...Michael Hudson on Trump’s Tax Sleight of Hand
A skeptical look at some of Trump’s tax proposals.
Read more...Dismantling Public Education: Turning Ideology into Gold
Following the money behind the campaign against public education.
Read more...Working for Amazon: Better Than Sex, Worse Than Hell (Part 1)
Amazon warehouse workers describe the future of non-elite work in the 21st century.
Read more...Bank of International Settlements Paper Confirms That High Levels of Household Debt Hurt Growth
We’ve written from time to time that not all debt is created equal. Prudent business borrowing enables companies to make investments and expand operations. And even though governments like the US that issue their own currency may nevertheless sell bonds, operationally they can simply create more dough to fund spending. The constraint on spending is […]
Read more...New York Times Gets Budget Story About Looming Trump-Ryan Clash Almost Completely Wrong
Not only does the Grey Lady misrepresent Trump’s and Ryan’s motivations, but they muff budget basics too.
Read more...Free Trade vs Protectionism: Weapon of Mass Distraction
A historical take on the push and pull over “free trade”.
Read more...Gaius Pubilus: Obama and the Perez Election — Are the Democrats Trying to Fail?
After presiding over huge losses at all levels of government by the Democrats, Obama is determined to keep his dead hand on the party.
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