The Plutonomy—AI Edition—and the Coming Crisis

Driven by speculative finance, stagnant wages, and AI hype, today’s tech-heavy economy mirrors the fragile plutonomy that collapsed into the Great Crash of 1929.

Yeva Nersisyan and L. Randall Wray Sep 1, 2026

Metal of the Past, Metal of the Future

Copper, the first metal worked by humans, will be crucial to decarbonization, and could be the path to a Chinese Century.

Bill Barclay Aug 29, 2026

Monthly Jobs Analysis

The Latest Job Calamity—Mostly Home-Made

The Latest Unemployment Report from the National Jobs for All Network

Frank Stricker Aug 26, 2026

Issue 244: November/December 2002

features

The Great Stock Illusion

Ellen Frank

The enormous paper wealth "created" by the stock market was bound to dissolve.
Taking One From the Bush Team

Dean Baker

The Social Security commission's plan for a universal portable pension makes sense, so long as it does not privatize Social Security.
Haitian Free Trade Zone

Clara James

Aristide's "different" capitalism is the same old story.
Recession: Government Spending to the Rescue

Robert Pollin

the regulars

the short run
active culture Janitors Strike for Justice / Popular Educators Gather
comment Why No Wal-Mart Scandal?
making senseWorkfare - Where Are the Wages? / Marriage Promotion Policies
letters
primerCapital Stability and Local Democracy
in reviewJobs-Not People-For Sale
ask dr. dollarIs the administration to blame for economic problems?
economy in numbersSome stock holders are more equal than others.