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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Dear Dr. Dollar:
Bush's budget has the federal government running huge deficits for years to come. Democrats say this will cause high interest rates and low growth. Republicans argue that deficits don't matter at all. Isn't this the exact opposite of what the two parties usually claim? Is my memory shot or am I miss
Is It Oil?
Before U.S. forces invaded Iraq, the United Nations inspection team that had been searching the country for weapons of
Who's to Blame for Climate Change?
It's now an indisputable fact that the global climate is changing. Scientists have warned for decades that "
Dear Dr. Dollar:
What are the merits of the argument that rent control hurts tenants by limiting the incentives to create and maintain rental housing? —Sarah Marxer, San Francisco, Calif.
<a href="https://dollarsandsense.org/archives/2003/0303miller.pdf">Double taxation double-speak</a>
https://dollarsandsense.org/archives/2003/0303miller.pdf
Whose Jobs? Our Jobs!
Here is the untold story of workers' response to the telecommunications meltdown. Unions, ex-employees, and retirees are mobilizing for jobs and reform.
Ruling the Empire
U.S. elites mean to prevent anyone, anywhere, from ever challenging the preeminence of American imperial power. Just ask them.
Dear Dr. Dollar:
Free-traders claim that free trade will increase U.S. exports, providing more jobs for Americans. So I would expect that NAFTA increased U.S. exports and reduced our trade deficit. I would also expect to see employment increase both in our country and in our trading partners. Has that in fact happen