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.
From Jared Bernstein's May 7 op ed in the LA Times. http://www.latimes.com/news/opinion/sunday/
By Polly Cleveland Martin Wolf of the Financial Times, calls Jane Jacobs, who died last week, "a self-educated
Last week was a grim one for my apartment's non-fiction shelves—the two authors whose complete works,
An "Econ-Atrocity" from the Center for Popular Economics By Gerald Friedman, CPE Staff Economist May 1, 2006
Class analysis predates economics. Long before modern economics emerged, ancient Greek thinkers, for example, analyzed their society by classifying people
Should compliance with the law fall under the rubric of CSR?
WTO negotiations threaten to worsen the lot of migrant workers worldwide.
Workers who were earning less than the new wage floor are not the only ones who benefit from a higher minimum wage.
VOICES FROM THE GULF COAST THE STORIES YOU HAVEN’T HEARD ABOUT HURRICANE KATRINA & GULF COAST RECONSTRUCTION When Hurricane