The destruction of the middle class

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RIP Michael Perelman

Published by Anonymous (not verified) on Thu, 04/02/2021 - 8:59pm in

A belated obituary for the heterodox economist Michael Perelman.

Epidemic of Despair Could Haunt America Long After COVID

The pandemic may have severe after-effects, with deaths of despair impacting more distressed and newly-vulnerable populations.

‘Will End Up Hurting Tens of Millions’: Progressives Push Back as Dems Weigh Lower Income Cutoff for Stimulus Checks

Published by Anonymous (not verified) on Thu, 04/02/2021 - 1:55am in

"Means testing is a form of austerity. Scaling back on stimulus would be a mistake."

Deaths of Despair and the Incidence of Excess Mortality in 2020

Published by Anonymous (not verified) on Sat, 30/01/2021 - 1:55am in

An effort to decompose deaths of despair under Covid.

Rise of the Superstar Firms: Taking Oligopoly Seriously in Macroeconomics

Published by Anonymous (not verified) on Fri, 22/01/2021 - 1:55am in

Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.

“They Left Us Starving”: How the Fashion Industry Abandoned Its Workers

Yves here. Many associate sweatshops in Sri Lanka and Bangladesh with “fast fashion,” aka the close-to-disposable frocks made by the likes of H&M. As this article explains, the use of ultra-cheap labor extends much further up the fashion food food chain. And these poorly-paid workers get thrown to the curb when orders fall off. By […]

The Pain of Service Crapification

Published by Anonymous (not verified) on Tue, 19/01/2021 - 9:54pm in

How Covid is extending the reach of crapification.

Right to Repair: Saves Consumers Money, Promotes Local Jobs Rather than Global Supply Chains

U.S. PIRG resport says adopting broad right to repair provisions would save U.S. housholds money and promote local employment.