Keynes Was Really a Conservative
“The class war,” said Keynes, “will find me on the side of the educated bourgeoisie.”
Read more...Category Archives: The destruction of the middle class
How Money Can Turn Electoral Results Upside Down
The column uses data from French elections since 1993 to show that an increase in spending per voter has consistently increased a candidate’s vote share.
Read more...Dude! Where’s My Democracy?
People turn to authoritarian leaders not because they distrust democracy but because our system is fundamentally undemocratic.
Read more...Majority in US Back Free College Tuition and Student Debt Cancellation, New Poll Finds
Sanders’ and Warren’s supposedly wild eyed ideas of cancelling student debt and making college tuition free get a thumbs up in a new poll.
Read more...Is it Really “Full Employment”? Margins for Expansion in the US Economy in the Middle of 2019
Many indicators say the US is close to full employment. Hours of work tell a different story.
Read more...Private Equity and Surprise Medical Billing
Private equity has glommed onto the healthcare sector, and drives the “surprise” medical billing. phenomenon.
Read more...‘Father Is Surgeon’: How Money Talked in USC Admissions Scandal
Defense attorney releases emails documenting just how seriously USC officials weighed family donations in making admissions decisions.
Read more...Why Does Teen Vogue Need a Labor Column?
Why indeed? Labor issues are certainly as important to the interests of its readers as are many – if not most – of the issues Teen Vogue regularly covers.
Read more...R.I.P. Immanuel Wallerstein, Sociologist and “World Systems” Theorist
Immanuel Wallerstein on China, Brazil, racism, and the future.
Read more...CEO Compensation Increased 940% Between 1978 and 2018, Workers’ Only by 12%
An Economic Policy Institute study shows that the dramatic increase in CEO compensation has a large impact on increasing inequality. Absent the explosive rise in CEO compensation, worker pay could have doubled.
Read more...My First Real Jobs
Shelving books and mowing lawns.
Read more...Bill Black: Is it Cynical to Believe the System is Corrupt?
Bill Black presents evidence the system is corrupt and rigged against ordinary people – a sentiment with which a new poll shows many agree.
Read more...Judge Issues $572 Million Verdict Against J & J in Oklahoma Opioids Trial: Settlements to Follow?
Judge issues $572 million verdict in J&J opioids trial. Some settlements of multiple pending lawsuits will likely follow.
Read more...Wolf Richter: World Trade Skids for First Time Since Financial Crisis
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Read more...Trump’s China Trade War Gaslighting: Will There Evah Be a Deal?
Why the US and China are likely to remain at loggerheads.
Read more...