The Wealth Effects of Bailouts: A Quantitative Assessment
Once again, income earned by the many is used to save the wealth of the few.
Read more...Category Archives: The destruction of the middle class
A Way To Make COVID-19 College Furloughs More Fair
Looking at how to cope with the college and university funding crisis.
Read more...Coronavirus To Decimate Colleges and Universities
US universities are facing a world of hurt.
Read more...Waiting for “Rooseveltian Relief”: An Oversimplified Framework for the Employment Situation
“Nothing fundamental will change.” –Joe Biden
Read more...Tom Ferguson: Big Business Takes Cash as Workers Laid Off, States and Cities Go Bust
Tom Ferguson and Paul Jay discuss how Democrats and Republicans distaste for accountability by finance and big corporations is playing out in the coronacrisis
Read more...Mass Unemployment Is a Failure of Capitalism
Why unemployment is a feature of capitalism.
Read more...Modigliani Meets Minsky: Rising Inequality and U.S. Household Debt Since 1950
Yves here. This short piece looks at some of the intuitions about the relationship between rising household debt levels and increasing inequality. And they sure do look to be connected! By Alina Bartscher, University of Bonn, Moritz Kuhn, Professor, Department of Economics, University of Bonn and Moritz Schularick, Professor of Economics, University of Bonn. Originally […]
Read more...Hunger Rises Dramatically in America
Hunger levels are shooting up and Republicans want to do as little as possible about it.
Read more...Economic Blow Of The Coronavirus Hits America’s Already Stressed Farmers
Many farmers were struggling economically and psychologically even before coronavirus hit.
Read more...Betsy Sweet: “In Maine, We Live the Climate Crisis Everyday”
Betsy Sweet, a Democratic primary candidate for the US Senate, explains why a progressive policy agenda is popular in Maine.
Read more...People and Jobs? Or Wealth? The Government Has To Decide Which To Prioritise, and There Is Only One Right Answer
Why landlords, banks, and pensions need to be sacrificed to save jobs and businesses from the ravages of coronavirus.
Read more...Some Communities Are Being Forced to Fight School Closures and Privatization in the Midst of the Pandemic
Citizens opposing a school restructuring plan in Minneapolis remind local officials: “The educational system actually belongs to us.”
Read more...In Quest of the May Day Strikes
A round-up of May Day strike coverage.
Read more...The False Dawn of Ending Coronavirus Lockdowns
It would be nice if relaxing the lockdowns would solve a problem, any problem….
Read more...Jesse Ventura Could Pose a Greater Threat Than Biden or the Democrats Believe
How Jesse Ventura could upset the already wobbly Biden apple cart.
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