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.
Latest news (Page 199)
AMI Monetary Reform Conference, Chicago, Sept. 21–24, 2006
The upcoming issue of Dollars & Sense includes an article on (lack of) transparency at the Federal Reserve by Steven
Dean Baker responds to David Brooks
If the latest goofball article by David Brooks on the NYT op-ed page (to add insult to inanity you
Read the latest from Dean Baker and Jared Bernstein
Enjoy the excerpts of Jared Bernstein and Dean Baker's new books in the Jul/Aug Dollars & Sense?
School Choice: A Lesson from New Zealand
I have long supported school choice--confined to public schools. My son attended primary and middle school in District Three
Dear Dr. Dollar:
Back in first-year economics we learned that there is a tradeoff between unemployment and inflation, so you can't really have both low inflation and low unemployment at the same time. Do economists still consider that to be true? —Edith Bross, Cambridge, Mass.
Reply to Pollin
I won't engage Professor Pollin about whose views of Marx are truly "representative." Debate on who
Reply to Wolff on Class
Rick Wolff's article in the May-June issue of Dollars & Sense offers a clear, brief, and useful
The Fight for Transparency at the Federal Reserve
The Federal Reserve banking system is an immensely powerful institution, on a par with a fourth branch of government. As
Kentucky River Threatens to Swamp Labor
An NLRB ruling could eliminate millions of workers' right to unionize.
Oaxaca's Dangerous Teachers
Cross-border organizing is part of the background of the current crisis.
The Rise of Migrant Militancy
Militant organizing by immigrants in New York City could show the way for a revitalized labor movement.