Early Job Mentoring, Placement, and Training Boost Refugee Integration Without High Costs
Like it or not, advanced economies are committed to immigration to counter low birthrates. Better refugee integration reduces the friction.
Read more...Category Archives: The destruction of the middle class
The Sad (Very Familiar) New York Times and Its Mamdani Hit Piece
The hit parade, as in the hit piece parade, on New York City mayor candidate Zohran Mamdani, is still in high gear.
Read more...Trump’s Self-Destructive Fight with the Fed for Low Interest Rates: His “Fiscal Dominance” Game of Chicken
Trump is fighting another war he can’t win: trying to use interest rates to counter the inflation created by his yawning fiscal deficits.
Read more...How Global Value Chains, Much Hyped by Development Experts, Slowed Growth and Preserved Inequality in Middle Income Countries
Tackling a pro-multinational development canard which looks to have made the so-called middle income trap worse.
Read more...Michael Hudson: The Collapse of America’s Economic Empire
Michael Hudson, expanding on his seminal work Super Imperialism, chroniciles the rise and in-process decline of US financial hegemony.
Read more...Trump’s Homeland Security Council Sets Its Sights on Zohran Mamdani
A window into the thuggish efforts to sabotage Zohran Mamdani bid for New York City mayor, here by the Department of Homeland Security.
Read more...Can Unions Really ‘Lead the Resistance to Authoritarianism?’
Probably not in their current form, but there’s a counterintuitive argument that we should be cheering for the Supreme Court to dismantle the National Labor Relations Board in order to revitalize labor.
Read more...Financial Times on Coming Climate-Change-Driven Meltdown in Real Estate: Gradually, Then Suddenly?
A detailed, yet still softball, take on how climate change damage will wreck property values and much of what passes for an economy
Read more...US Shale Can’t Scale If No One’s Left to Work It
A form of class warfare hits shale players Too few young workers like the industry and its long-term career prospects.
Read more...Trump Backfire: How the 2018/19 US Tariffs Against China Boosted Exports and Employment in Mexico
How a Trump 1.0 tarrifs backfire illustrates fundamental flaw in how Trump goes about doing things.
Read more...What’s Next for Capitalism — Reinvention or Authoritarian Rule?
In Capitalism and Its Critics, John Cassidy presents historical foes of monopoly, inequality, environmental peril, and authoritarianism
Read more...The Economic Consequences of the Second Trump Administration: A Preliminary Assessment
An overview of the economic impact of Trump’s second term flurry from some Serious Economists. They don’t find much to like.
Read more...“Is All Economic Growth Good?”
It can’t be said too often: what most economists call growth is too often what we here call groaf.
Read more...The Projected Death Count from Trump’s One Big Beautiful Bill
Researchers projects that “big beautiful bill” cuts to public health insurance coverage may lead to upwards of 51,000 deaths a year.
Read more...How the ICE Raids and Crackdowns on Anti-Genocide Speech Are A Threat to All American Workers
The precarity of the undocumented worker is the future of US labor relations.
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