This Real News Network segment sets forth the most common arguments against increasing the minimum wage to $15 an hour, or alternatively, a living wage level, and shows why they don’t hold up to scrutiny. A decent minimum wage is even more important when the supposedly robust US economy is increasingly creating McJobs. JAISAL NOOR: […]
Read more...Why China is fragile and starting to look wobbly.
Read more...A look at Warren’s and Sanders’ fundamental political stances and what they might mean for their 2020 campaigns.
Read more...Poland managed to escape a lot of the “shock doctrine” treatment, yet has gone hard right. What happened?
Read more...Housing is going pear-shaped in California tech-land….and you can’t blame it on a tech bust.
Read more...Some Davos musings show that our elites aren’t what they are cracked up to be.
Read more...What will the Fed do next, now that investors have finally started to react to its tightening of monetary policy, after years of somnolent money-making?
Read more...Trading stocks can be a lot like buying a used car.
Read more...Michael Hudson gives a wide-ranging interview, discussing the importance of euphemism in obscuring power relationships and exploitation.
Read more...Western countries insist both on “free trade” with poor countries and farm subsidies for themselves.
Read more...Sadly, an upbeat take on what “green” policies might means for jobs greatly understates the depth of economic restructuring needed to reduce the pace of climate change.
Read more...Australia looks to be on the verge of a nasty unwind of its housing bubble. A plunge would damage not only its banks but also retirement funds, since banks play an outsized role in the Australian stock market.
Read more...Some background on the demands the gilets jaunes are presenting to French president Macron.
Read more...The new IPCC Report is overly optimistic about global productivity growth and fossil fuel energy use. More dramatic, immediate action on climate change is needed
Read more...Wishful thinking and tinkering like “green growth” won’t cut it. Nothing short of a mass mobilization for deep de-carbonization across the global economy can avert the looming climate catastrophe.
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