Is Skynet Really Coming After Jobs?
An Elon Musk tweet prompts a new round of debate over the risk of AI to jobs and social stability.
Read more...Category Archives: The destruction of the middle class
Flagging Productivity Growth – How Much Is Due to Bad Management?
Have management fads contributed to the fall in productivity growth?
Read more...Foxconn’s Con: Seeking Whopping Subsidies for Wisconsin, Michigan Manufacturing Jobs…If They Happen
What the dodgy Foxconn scheme to build factories in the US says about Trump’s commitment to job creation.
Read more...Trump as “Consequence, Not Cause” of the Collapse in the Post Cold War Consensus
How press and pundit fixation on Trump diverts public attention from power structures that work against ordinary Americans.
Read more...Democrats Pushing the “Compete” Word to Justify Doubling Down on Failed, Middle-Class Destroying Neoliberal Policies
Democrats are now telling voters they only need to compete better…and offer policies that have repeatedly failed to “help”.
Read more...Yes Men Target “Better Deal” #DNCTakeBack Scam
The DNC’s Better Deal scam is barely out of the box and the Yes Men are already making fun of it.
Read more...Austerity in One Country: The Case of Britain
A devastating review of the recent history of austerity in the UK.
Read more...Struggling but Stuck in Rural America
The Wall Street Journal describes why it’s so hard to escape struggling rural towns. Too bad its readers will hear none of it.
Read more...Why Tax Cuts for the Rich Solve Nothing
An update on Republican tax cut plans, and why they are economic chicanery.
Read more...Renegotiating NAFTA: The Role of Global Supply Chains
Unfortunately, redoing NAFTA in a way that benefits US workers is not a trivial task.
Read more...The US Antitrust Counter-Revolution
In case you doubted it, diminished antitrust enforcement, a rise in monopolies, and increased inequality are related developments.
Read more...Payday Lending and the CFPB: Another Pending Cordray Fail
CFPB director Richard Corday’s failure to push for a payday lending rule earlier means we’ll see no rule, for the indefinite future.
Read more...The Mega Rich Are Getting Mega Richer: A Former CEO Exposes the Corruption Behind Their Obscene Paychecks
Discusses broader economic effects of gross income inequality– driven by obscene CEO pay rises.
Read more...The US Retail Crisis
America is undergoing a retail sector crisis, partly related to the increase of competition from online commerce. We review this debate.
Read more...Barriers to Entry: On Bar Exams and Supreme Court Seats
California to lower passing score for its state bar to increase; Judge Posner suggests Supreme Court seats should be open to non-lawyers.
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