Contrary to some economists’models, salaries aren’t constantly reset based on skills or technology. They follow the economy and politics.
Read more...How neoliberalism contributes to the growth of fascism.
Read more...Experts accept that economic ineqality is inevitable. But how does one determine acceptable/producitve levels versus destabilitzing ones?
Read more...A reader critical thinking exercise! Time to take a hard look at a study that argues that losing your job may not be all that terrible.
Read more...James Galbraith argues that economics can’t keep ignoring that energy and resources for production are no longer abundant and easy to access
Read more...Useful data on and discussion of China’s dominance of inputs and technologies essential to the West.
Read more...A wide-ranging historical discussion with Michael Hudson, tracing the destructive rise the power of lenders from ancient times to today.
Read more...A discussion of whether voters would back Corbyn-style socialism, particularly given Starmer’s ever-rightwards shift.
Read more...Trump budget whackage will further degrade the quality of official statistics. And that really does matter.
Read more...A new twist on inflation: how workers and corporates trying to preserve their financial position has the effect of perpetuating inflation
Read more...The economic hazard of deflation is already stalking China, to the degree that even Xi is trying to take it on.
Read more...To free ourselves from our technofeudal overlords, we must think like Karl Marx.
Read more...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...As Mr. Market idelivers a big raspberry in response to Trump’s big beautiful bill, remember it won’t affect the ability to keep spending
Read more...Tackling a pro-multinational development canard which looks to have made the so-called middle income trap worse.
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