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Left Hook Economics

Private Equity’s Profit Charade

Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.

Arthur MacEwan Oct 7, 2025

Left Hook Economics

The Private Equity Deception

Private equity firms are a risky place to invest and their reported returns can be misleading.

Arthur MacEwan Sep 30, 2025

September/October 2025

Mamdani’s Municipal Socialist Inheritance

Buried in the historical record are the vibrant currents of municipal socialism that reshaped our urban worlds more than we acknowledge or even realize.

Shelton Stromquist Sep 28, 2025

Issue 294

Are Low Wages and Job Loss Inevitable?

By Arthur Macewan

Dear Dr. Dollar: The main narrative that I hear in mainstream press is that U.S. workers are being undercut and eventually displaced by global competition. Is this right? Read more »
Teachers, Secretaries, and Social Workers:
The New Welfare Moms?

By Randy Albelda

Today’s debates over public-sector workers are strikingly similar to the welfare “reform” battles of the 1990s. Read more »
No Fooling—Corporations Evade Taxes

By John Miller

Forbes finally notices what has been clear for years. Read more »

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features

Wisconsin solidarity thumb

What Wisconsin Means

By Roger Bybee

The “Wisconsin uprising has slowed the newest anti-labor salvo. | Order this issue or subscribe.

The GO-Zone’s No-Zones

By Darwin Bondgraham

After more than five years, a deeply flawed disaster-recovery program has failed to rebuild the Gulf Coast. | Order this issue or subscribe.

the regulars

the short run
ampersand
See the whole ’toon
two centsLetter on Unemployment article
active cultureUS Uncut Takes Off
commentCorruption-Neoliberalism Nexus in the Middle East | The New Welfare Moms
making senseA Code of Ethics for Economists
in reviewMichael W. Hudson, The Monster
economy in numbersWhy Did Unions Decline?