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...Category Archives: The destruction of the middle class
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.
Read more...Democratic Party Orthodoxy in Action: “Hit With Some Serious Clinton Blame Cannons”
An example of Democratic Party pathology.
Read more...Fourth Federal District Court Looks Likely to Uphold Fiduciary Rule
The Department of Labor is likely to delay implementation of the fiduciary rule beyond the original April 10 compliance deadline.
Read more...EPA Failures Predate Trump: Evidence Emerges of Tropical Parasites in Rural America
EPA and other regulatory failures that predate the Trump administration have left some poor rural communities swimming in sewage.
Read more...Can Europe Be Saved from Populism?
Two economists offer recommendations on how to defend Europe from an upsurge of populism. Unfortunately, their ideas give cause for pause.
Read more...Lancet Study on Life Expectancy by 2030 Confirms Poor US Performance
A new Lancet study on life expectancy for 35 countries puts up big red flags for US performance.
Read more...Michael Hudson: Why Failing to Solve Personal Debt and Polarization Will Usher in a New Dark Age
Crushing personal debt loads have repeatedly produced economic and social crises. The elites ignore the warning signs at their peril.
Read more...Ian Fraser: What the HBOS Fraud Tells Us About the State of British Banking
The £1 billion HBOS Reading fraud, my part in exposing it, and what it tells us about the state of British banking
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