The Great Inflation Debate: Supply Shocks and Wealth Effects in a Multipolar World Economy
A new analysis finds our inflation comes first from Covid/sanctions supply shocks and second, spending by the rich, not government spending.
Read more...Category Archives: Income disparity
Thomas Frank on How the Feckless Democrats Trashed the American Middle Class
How Democrats abandoned populist economic ideas and whether there is a future for progressivism.
Read more...Meet the Grinch Stealing Social Security, the Future of Gen Y And Z
ow Social Security is a victim of wage stagflation.
Read more...Unequal Education and the ‘Great Gatsby Curve’
A look at the role of educational advantage in perpetuating inequality.
Read more...The Political Economy of Effective Altruism
How the effective altruism discourages collective action….by design.
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Read more...Rich Nations Doubly Responsible for Greenhouse Gas Emissions
How the greenhouse gas emissions blame game pits advanced economies against developing ones.
Read more...New Global Estimates on Profits in Tax Havens Suggest the Tax Loss Continues to Rise
Quelle surprise! Despite EU and US initiatives to curb corporate use of tax havens, big companies continue to fatten their wallets.
Read more...The Jobs Report in Light of what Powell Said: The Fed Cannot Create Supply of Labor, But it Can Slow the Demand for Labor
Higher interest rates, for longer.
Read more...‘People Think of Pelosi as a California Liberal; No, She’s Like a Baltimore Boss’
‘I mean, Christ, this is a woman who was brought up in Baltimore politics. We weren’t working with some neophyte’
Read more...Free Fridges in The Bronx, Created as COVID Stopgap, Still Meeting Chronic Food Needs
The successful community free fridges — fewer than during the pandemic — are now short on cash as well as volunteers to transport food.
Read more...On Black Friday, Amazon Workers in 40+ Countries Strike and Protest ‘Despicable’ Treatment
“Instead of paying its workers fairly, its taxes in full, and for its damage to our environment, Amazon is squeezing every last drop it can from workers, communities, and the planet.”
Read more...University of California Comes to a Standstill as Academic Workers Strike
Workers at 10 UC campuses struck after the university system failed to offer compensation commensurate to the cost of living in California.
Read more...With COP Gridlocked, Critics Blast ’27 Years of Obstructionism, Delay, and Greenwashing’
One activist on the COP’s underwhelming performance: “Once again we are seeing rich countries trying to evade their responsibility.”
Read more...Tom Ferguson: Worker’s Wages & Leverage are the Real Targets
Why did Corporate Democrats “cede” the economic argument? Are they really fighting inflation or trying to weaken workers’ bargaining power?
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