An update on Uber financial fakery and continued lack of bona fide profits.
The destruction of the middle class
Contrary to what many have claimed, wage growth in the fourth quarter of 2022 was actually in line with what a standard Phillips curve model predicts.
Police reform schemes avoid addressing the causes of criminal activity, most of all poverty. But that would mean giving nice things to people
The Federal government's unheard of profits on defaulted student loans confirms that the scheme is predatory. And defaults are set to rise.
Why are you paying so much for everything? DOJ admits that decades-old carveout allowed even non concentrated industries to effectively build cartels to coordinate prices and wages
Tipping legalizes subminimum wages and keeps workers subservient to the whims of employers and customers.
The point of the debt ceiling melodrama is to give fiscal hawks another whack at budget-cutting. Tax increase are therefore off the table.
Progressives sat back when some clearly dodgy social change programs were being implemented, handing the right some easy wins.
Obama has an edifice complex! Who'd have thunk it?
Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy