Benign Effects of Automation: New Evidence from Patent Texts
A new study on automation suggests that even if the robots are coming for your job, they create even more jobs.
Read more...Category Archives: The destruction of the middle class
Republicans Plan to Cut Food Stamps as Homelessness Rises in the US
Republicans want to take food out of children’s (and adults’) mouths by cutting food stamps. One likely result is an increase in homelessness.
Read more...Eastern Europe Showed How Neoliberalism Produces Reactionary Populism, Like Trump
Trump’s antecedents in Eastern Europe show how widening inequality and failed economic promises pave the way for reactionary politics.
Read more...Gaius Publius: Deficit Talk Is a Trap. Will Democrats Fall Into It?
The Democrats would join the Republicans in using deficits to justify cutting Medicare, Social Security, and other services. Don’t let them.
Read more...Will Ketchup Again Count as a Vegetable? USDA Delays School Lunch Rules
USDA delays compliance with some school lunch rules. Other steps needed to reduce food waste and provide healthier options.
Read more...GOP Tax Bill is Even Worse Than We Think
There’s ugly, and then there’s the GOP’s tax bill.
Read more...The Republican Tax Plan
Economists discuss the Republican tax proposals and for the most part, find a lot not to like.
Read more...Judge Slams Uber for Withholding, Possibly Destroying Evidence in Waymo Trial; May Undermine Uber in Other Litigation
Uber is in serious hot water in the Waymo trial. If Uber did try pulling a fast one on the court, the blowback could extend to other cases.
Read more...Tech Giants Look to WTO to Entrench Their Monopoly Powers and Profits
How tech titans are using the WTO and trade agreements to further strengthen their dominant positions.
Read more...How Despair Helped Drive Trump to Victory
Trump did well in places that have borne the brunt of declines in manufacturing, mining, and related industries since the 1970s.
Read more...The Super Wealthy Oxycontin Family Supports School Privatization With Tactics Similar to Those That Fueled the Opioid Epidemic
A fortune derived from the relentless marketing of painkillers is now being used to expand charter schools.
Read more...European Worries About Isolationist Trends
European leaders ponder how to defend internationalism. They realize that the response to the crisis created innocent losers. But what now?
Read more...How to Fight the Global Wall Street Landlords
Local activists are having some success in fighting Big Finance landlords who have become big, ruthless players in rental housing.
Read more...What the Paradise Papers Tell Us About Global Business and Political Elites
Some observations about the Paradise Papers and the big business of tax avoidance.
Read more...Nomi Prins: Steven Mnuchin, Foreclosure King of America
A summary of the many reasons to view Treasury Secretary Steve Mnuchin with contempt.
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