Category Archives: Income disparity

You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

Nomi Prins warns that central banks’ strategies are destroying the real economy, worsening inequality, and creating societal chaos.

U.S. Diesel Inventories Hit Historic Lows At The Worst Possible Time

The diesel squeeze is getting worse, but it is still not clear how actute it might become.

As Gig Economy Grows, Its Toll on Workers Mounts

Democrats help the gig economy expands its reach as it brings pain and suffering to more American workers.

Repairing a Fractured World Economy?

Richard Kozul-Wright describes the current world economic disorder, and discusses possibilities and limits of effective regional responses

How Workers and Pro-Union Politicians Team Up for Fair Trade

The US gets out of bed to go after some illegal foreign trade subsidies. Sadly this sort of thing does not happen very often.

The Public Shouldn’t Pay for Drugs Twice

Taxpayers foot the bill for medical research, but drug companies profit. We need a new R&D model to stop this rentierism.

Collateral Damage From Higher Interest Rates

Why to be wary of Larry Summers selling another Volcker-type “kill the economy to save it” interest rate jihad.

The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China

Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.

Climate Minister: Until People in Developed Nations Start Dying, Nothing Will Change

What level of climate pain will it take to stir advanced countries out of their complacency?

After Bolsonaro’s Failures, Why Was Brazil’s Election So Close?

Lula wins by a whisker, but the Bolsonao Christian Right remains a powerful threat.

The U.S. Diesel Shortage Is Worsening

That diesel shortage we warned you about is arriving. So what is likely to happen?