Bad Stimulus: Government Payments to Individuals Are a Terrible Way to Solve America’s Structural Economic Problems
Why the Biden stimulus program is fundamentally wrongheaded.
Read more...Category Archives: The destruction of the middle class
A Big Fiscal Push is Urgent, The Risk of Overheating Is Small
The $1.9 trillion fiscal stimulus should be large because the need is large.
Read more...A Less Trumpy Version of Trumpism Might Be the Future of the Republican Party
The Republican Party is already repositioning itself.
Read more...“I’m Sorry,” Says Ro Khanna, “An Unelected Parliamentarian Does Not Get to Deprive 32 Million Americans the Wage Raise They Deserve.”
The Biden Administration proves it cares only about the donor classes by standing pat as its own $15 minimum wage proposal founders.
Read more...Why Black and Hispanic Small-Business Owners Have Been So Badly Hit in the Pandemic Recession
Another setback for minority communities: their business owners have taken disproportionate hits in the pandemic.
Read more...Why It’s Good for San Francisco that Rents Dropped 29% to Multiyear Low. But They Haven’t Dropped Nearly Enough Yet
Rents in San Francisco have taken a beating. But they need to fall further.
Read more...Housing and the American Dream: Is A House Still a Home?
Single-family home-ownership—elusive for many today—is an aspiration we ought to abandon.
Read more...FAIR Act: Will Congress Finally Complete the Project the CFPB Fumbled and Ban Mandatory Arbitration Clauses?
With the reported support of Biden, will Congress ban mandatory arbitration clauses in common consumer and employment contracts?
Read more...Sanders ‘Confident’ $15 Minimum Wage Possible Through Senate Reconciliation
“Raising the minimum wage to $15 an hour is not incidental to the federal budget and is permissible under the rules,” Senator Bernie Sanders says.
Read more...Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few
Labor-saving advances in artificial intelligence may undo the gains from globalization and pose new challenges for economic development
Read more...Thomas Frank: YouTube Censorship and Now What’s Happening in Kansas –
Thomas Frank and Paul Jay discuss censorship by tech monopolies and changes in the political landscape of Kansas.
Read more...“Almost Cartoonish Defender of the 1%, Kathryn Wylde” Rears Her Head to Attack Plans to Tax the Rich to Save New York City
The usual suspects, like Kathryn Wylde, try to defend why the top wealthy, who’ve made out like bandits under Covid, should not be made to share.
Read more...James Galbraith: CBO Not Competent to Assess Economics of Minimum Wage
James Galbraith slams an “unreliable” CBO report claiming that raising the minimum wage would reduce jobs.
Read more...Global Coup d’État: Mapping the Corporate Takeover of Global Governance
Why you should be very, very worried when our supposed betters start talking up the newest neoliberal Trojan horse, global governance.
Read more...How to Make COVID Vaccines More Effective: Give People Vitamin and Mineral Supplements
Supplementing vitamin and mineral levels of the elderly before they get vaccinated could boost the effectiveness of COVID-19 vaccines.
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