Economy & Psychology: Siamese Twins

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Unmistakable signs point to the fact that the mass of US citizens are economically and psychologically in bad shape. These conditions are intimately connected as siamese twins.

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Bosses enrich themselves with no obvious benefit to the rest of us

Blog-_Against_High_CEO_Pay.pngWhen so-called free marketeers try to defend bosses’ pay, they do the cause of free markets a huge disservice by encouraging people to equate free markets with what is in effect a rigged system whereby bosses enrich themselves with no obvious benefit to the rest of us.

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Economic Update: A Tale of Two Crises

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This week's episode explores US working conditions in 2017, the reality of a looming recession and upcoming negative interest rates...

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Economic Update: Human Rights v. US Water Economics

This week's episode focuses on Trump’s tweets about Amazon over taxes, provides updates on why Americans are dying younger, reviews how Monsanto...

 

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Surplus Hoarders: how those at the top are pulling away

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In a new book, Richard V Reeves worries that the top echelons of the U.S. middle class—those earning over $120,000—are separating from the rest of the country, and pulling up the drawbridge behind them. But Reeves needs to take another look at what’s going on: what about the people who produce but do not share in the surplus—or, for that matter, have any say in what happens to the surplus?

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