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.
More and more U.S. corporations are sending their HQ’s offshore to reap immense tax savings. | Order this issue or subscribe. | The sources for this article are available here.
the regulars
editors’ note The Age of Misdirection
the short run
in review Randall Wray, Why Minsky Matters
economy in numbersDifferent Models, Different Politics