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.
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The Fed and America's Distorted Expansion
[seealso id="1"] The U.S. economy has been in expansion mode since November 2001. Though of reasonable
Inequality Worsens Across Asia, Wall Street Journal Cheers
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The Dull Compulsion of the Economic (#11)
A series of blog entries by D&S collective member Larry Peterson. With all the turmoil on the markets
The Dull Compulsion of the Economic (#10)
A series of blog entries by D&S collective member Larry Peterson. The Nobel Prize in economics was awarded
The Dull Compulsion of the Economic (#9)
A series of blog entries by D&S collective member Larry Peterson. A couple of weeks ago I went
The Dull Compulsion of the Economic (#8)
A series of blog entries by D&S collective member Larry Peterson. Last Wednesday, the United Auto Workers reached
The Dull Compulsion of the Economic (#7)
A series of blog entries by D&S collective member Larry Peterson. It's been about a week
Letter to the Editors
Dear friends, For the first time since I started reading D&S I find myself in total disagreement with
Invisible Hand Caught in the Cookie Jar
Hershey, the largest candy producer in the United States, announced in February that it would eliminate 1,500 jobs in