Category Archives: Income disparity

Cut Flowers, Coffee, and a Geopolitical Shock

Colombia and coffee and flowers, or how successful bullying does not necessarily translate into durable wins.

New York Times Defends Mexican Cartels Because US Economy

The New York Times sinks to a new low in defending Mexican cartels because they are too intertwined in US economic activity.

Tariffs Are Coming: How Trade Dynamics Will Shape Aggregate Demand and Inflation

Consumers may not suffer from more inflation per official data if Trump imposes tariffs. But that does not mean they won’t be worse off.

The Curse of the Household Analogy

It can’t be said too often: national government spending is not like household spending, and acting as if it is is damaging.

How ‘Dupes’, Fast Fashion and China’s Economic Slowdown Spell Disaster for the Luxury Sector

The luxury goods market is in bad shape, an indicator of how the moderately well off and “aspirational” shoppers are under income stress.

Close to 30 Million Americans Face Limited Water Supplies, Government Report Finds

Struggles over water use and cost are set to intensify as usage outstrips supplies.

There’s No Growth, so What Should Labour Do?

Labour’s dilemma — which has parallels in other countries — leads to vague aspirations that are almost meaningless, and probably undeliverable. So, what should it do?

For Homeless Seniors, Getting Into Stable Housing Takes a Village — And a Lot of Luck

Another indictment of America’s claims of superiority: a coming tsunami of homeless elderly

Closing Ranks: Organised Labour and Immigration

Quelle surprise! Historically, high levels of immigration in the US led to more union formation.

James Galbraith: How the Fed Became Less Powerful Despite Weakened Congressional Oversight

Fifty years ago the actions of the Fed mattered. Today, as far the aggregate measures of America’s domestic economy go, they do not.

Make America Healthy Again: Is MAHA a Trope or a Movement?

A look at MAHA’s recommendations, per the Casey Means book Good Energy, and why they are an affluent-focused, neoliberal prescription.

Trump’s HUD Secretary and Our Reverse Robin Hood Housing System

A Trump-Turner housing agenda appears destined to continue the worst aspects of the US approach to affordable housing.

Wanting More for BRICS Than BRICS Wants for Itself

More realistic takes on BRICS, including by Michael Hudson.

Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out

On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.