No Matter How You Look at It, the Big Beautiful Bill is a Monstrosity
Here are three views of the bill's horrific distributional consequences.
Latest news (Page 49)
Quick Links
A few quick links before the weekend: * The New York Times had a good piece by Steven Greenhouse on the
How a Progressive Tax System Made Detroit a Powerhouse (and Could Again)
In 1995, we encountered a group of economic advisors to Governor John Engler of Michigan, intent on cutting property taxes.
Krugman on Kalecki ... and Marx
If you read the interview with Bob Pollin in our current issue, Beyond Debt and Growth, then you saw the
Frackonomics, etc.
. (1) Frackonomics: We've posted our July/August cover story, Frackonomics: The Science and Economics of the Gas Boom,
Fast-Food Workers, Ethics, and More on Detroit
(1) Fast-Food Workers Strike: I posted the other day about the campaign to embarrass McDonald's about its low
Obama Speech, Detroit, McDonald's
(1) Obama's Knox College Speech: Today's post will be brief, because it's Friday afternoon.
The Economics Anti-Textbook: A Critical Thinker’s Guide to Microeconomics, by Rod Hill and Tony Myatt
It was the perfect “natural experiment:” in April 1992, New Jersey’s minimum-wage was scheduled to rise from $4.25
Robert Pollin: Beyond Debt and Growth
Our July/August issue is almost out; we will be sending out the electronic version to e-subscribers early next week,
NYT Sneers at MMT, etc.
This one is for the demise of (part of) DOMA; hat-tip to Patrick C. (New Hope Church is an actual
Pursuing Profits--or Power?
Do corporations seek to maximize profits? Or do they seek to maximize power? The two may be complementary--wealth begets power,