Category Archives: The destruction of the middle class

Kamala’s Failed Opportunity

In her DNC speech, Kamala Harris embraced Republican language on the economy. So how deep does her purported progressivism run?

The Geography and Determinants of ‘New Work’ in the United States

The findings point to the role of local human capital as a key element both in generating ‘new work’ as well as in turning some shocks, such as trade and technological change, into ‘new work’.

The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant

A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.

Robots and Wage Polarisation

Quelle surprise! Introducing robots into workplaces slows wage growth, particularly among factory labor.

Tyson Foods Is Being Investigated by the USDA

Investigation follows Tyson Foods’ recent closure of nine meatpacking plants across the country, allegations not only violated an agreement to sell the plants to a competitor but conspired to suppress that competition.

The Effect of AI Adoption on Jobs: Evidence from US Commuting Zones

Using data across US commuting zones over the period 2000-2020, this column presents evidence that AI adoption has reduced employment, except in high-paying occupations and those requiring a degree in STEM disciplines

Lina Khan’s FTC Gears Up to Go After Algorithmic Black Boxes Governing Workers’ Lives, but It Might Be Running Out of Time

A closer look at “algorithmic wage discrimination” used at gig companies (and increasingly across all industries), one potential tool to stop it, and how the FTC is zeroing in on the practice.

‘Corporate Greed Is Out of Control’: Warren Slams Kroger’s AI Pricing Scheme

If you have shopped at Kroger, please consider boycotting them over them over their surge pricing grifting plans.

Why Is the EU Upping the Pressure on Meloni in Italy?

News that Rome is in hot water over “rule of law” issues came out at same time Meloni headed East in attempt to repair ties with China, but is that the reason?