The destruction of the middle class

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We Really Do Need to Rethink the Economics of Saving, Most of Which Is Nonsense

Published by Anonymous (not verified) on Wed, 28/04/2021 - 3:53pm in

Savings plays an important role in household management (or does when the household isn't desperate), yet economists don't get it.

The Corporate Food Takeover

Corporate ownership in many sectors of food production has risen and is set to increase further. Another rentier program well underway.

Covid Is Hitting Workers Differently Than the Financial Crisis

Published by Anonymous (not verified) on Tue, 20/04/2021 - 2:50pm in

Unlike the Great Recession, the pandemic has hit women workers harder than men, as well as the job prospects of lower education workers.

Opioids Crisis: Trial of Four Drugmakers Begins in California

Published by Anonymous (not verified) on Tue, 20/04/2021 - 7:55am in

Tennessee judge enters default judgment against opioids manufacturer Endo Pharmaceuticals for discovery misconduct.

Michael Hudson: America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism

Further discussion of the American and Chinese economic models, focusing on financialization as a central distinction.

Pricey Learning Pods Are Now Helping Vulnerable Students. Will the Trend Survive the Pandemic?

Published by Anonymous (not verified) on Thu, 15/04/2021 - 8:50pm in

A case study of the "innovation" of learning pods, and why they are being promoted as an alternative to remote instruction.

Why Work at Home Is Not Likely to Thrive After the Covid Era

Published by Anonymous (not verified) on Wed, 14/04/2021 - 8:23pm in

Despite its popularity, expect work at home to be reined in when we reach life after Covid.

Lessons from the First New Deal for the Next One

Whether it is called “Build Back Better” or a Green New Deal, it is imperative to reject the false dichotomy of “jobs against climate.”

UNCTAD’s Richard Kozul-Wright on the Post-COVID World Economy: Out of the Frying Pan… Into the Fire?

Kozul-Wright warns that for a sustainable Covid-19 recovery, it is key to abandon policies that concentrate economic power and wealth

What is the Bullshit Economy?

Published by Anonymous (not verified) on Tue, 13/04/2021 - 7:00pm in

Establishing some first principles of the bullshit economy.