Identifying the Real Resistance
Can the rich be trusted to fix a breaking world? Or should the real resistance unite beneath one banner?
Read more...Category Archives: The destruction of the middle class
Can the Phillips Curve Explain Recent Wage Growth?
Contrary to what many have claimed, wage growth in the fourth quarter of 2022 was actually in line with what a standard Phillips curve model predicts.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most “Tech” Startups Experienced
An update on Uber financial fakery and continued lack of bona fide profits.
Read more...How Howard Schultz Made Starbucks the Poster Child of Corporate Abuse
Does Stabucks CEO Howard Schultz deserve the title of labor enemy #1?
Read more...Jared Holst: The Criminal Value Chain
Police reform schemes avoid addressing the causes of criminal activity, most of all poverty. But that would mean giving nice things to people
Read more...The Government Makes a Profit on Defaulted Student Loans
The Federal government’s unheard of profits on defaulted student loans confirms that the scheme is predatory. And defaults are set to rise.
Read more...Reversing 30 Years of Damage from the Clintons, the DOJ Closes A Price-Fixing Loophole Wide Enough to Drive a Truck Through
Why are you paying so much for everything? DOJ admits that decades-old carveout allowed even non concentrated industries to effectively build cartels to coordinate prices and wages
Read more...Tipping Is Not a Reward—It’s an Insult
Tipping legalizes subminimum wages and keeps workers subservient to the whims of employers and customers.
Read more...‘Absolute Hypocrisy’: GOP Unveils Bill to Make Trump Tax Cuts Permanent While Howling About Debt
The point of the debt ceiling melodrama is to give fiscal hawks another whack at budget-cutting. Tax increase are therefore off the table.
Read more...What Happens When Progressives Tacitly Accept Reactionary and Authoritarian Identity Politics
Progressives sat back when some clearly dodgy social change programs were being implemented, handing the right some easy wins.
Read more...The Obama Presidential ‘Library’
Obama has an edifice complex! Who’d have thunk it?
Read more...James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response
Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy
Read more...How Corporations Hope to Eviscerate Workers’ Right to Strike
A suit by Glacier Northwest, seeking to recover costs it incurred during a strike, is now before the Supreme Court.
Read more...US Inflation Policies Slowing World Economy
The Fed is playing killer of the current inflation even though it isn’t set up to do so. That’s hurting a lot of innocent bystanders.
Read more...How the Left Should Exercise Power Once They Have It
Another episode in the long-running soap opera, “Can the Left Be Saved?”
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