Category Archives: Income disparity

Radhika Desai and Michael Hudson Discuss the Causes and Politicization of Inflation

Desai and Hudson debunk widely-believed, finance-and-elite-serving myths about inflation.

The Post-Covid Global Economy: Could Negative Supply Shocks Disrupt Other Fragile Systems?

Continuing shocks to the economy threaten the stability of democracies that already show significant signs of fragility

Viewing Ukraine Through the Davos Lens

The World Economic Forum, which concluded on Friday, provides clues as to why European leaders would sacrifice their national economies for the war in Ukraine.

Davos Elite Won’t Tackle Climate Crisis and Global Inequalities

Quelle surprise! Change on crucial issues of climate and inequality is unlikely to emerge from the World Economic Forum.

Monopsony in Professional Labor Markets: Hospital System Concentration and Nurse Wage Growth

elle surprise! “Growing consolidation in localized hospital markets appears to restrict nurse wage growth.”

Paging Dr. Freud: Schizophrenic Reports on Mood of Davos Man

Unfortunately, it’s prudent to be mindful of what our Davos overlords are plotting. But they seem mighty unsettled.

Here is the Truth: Medicare Advantage Is Neither Medicare Nor an Advantage

“Medicare Advantage is a money-making scam. I should know. I helped to sell it.”

What It Means for Hunger to Burn Through the Pentagon’s Ranks

Food insecurity, aka hunger, afflicts from one in eight to one in four military families per recent studies.

50 Years After Allende at the UN: a Corporate Triumph Named Multistakeholderism

Allende was early to warn of multinational threats to product safety, labor regulations, and other protections. Sadly corporate interests won.

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.