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.
73 articles
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Death and Inequality
Health outcomes and death rates are strongly connected to the large economic inequality that exists in the United States.
The Inflation Reality and the Attack on Wages
Inflation was slow throughout the second half of 2022. Yet you wouldn’t know this from newspaper headlines, statements from
What Can We Learn from Agriculture?
Farmers have learned to respond to market forces, for better and for worse.
Dr. Dollar: Economic Inequality and Homelessness
Good-quality, safe, and affordable housing is fundamental to personal well-being and security. But for millions of U.S.
Power, Wages, and Inequality
A recent government report has an unexpected focus--power in the workplace.
Corporate Taxes: Less, Less, and Less
Dear Dr. Dollar: It seems that corporations say they need low taxes in order to do research, innovate, invest, and
Financialization and Inequality
Is financialization responsible for the great increase in economic inequality of recent decades in the United States? --Anonymous, via e-
Climate Change, Social Justice, and the Green New Deal
Dear Dr. Dollar: The Green New Deal combines proposals to combat climate change with social justice proposals. I care about
Dear Dr. Dollar: Do People Care About Extreme Inequality?
Dear Dr. Dollar, The extreme inequality we have in this country is not fair. According to a report from the
Dear Dr. Dollar: Are Governments Economically Stupid in Failing to Suspend Patent Protection for Vaccines?
A recent study from the International Chamber of Commerce (ICC) showed that the rich countries' failure to support worldwide vaccinations against Covid-19 is likely to do severe harm to their own economies.
Can the Decline of Unions Be Reversed?
It seems pretty clear that strong labor unions have been important in reducing economic inequality. But as labor unions have