The High Costs of the Cloud
Data centers make “the cloud” tangible. The supposed benefits—such as jobs—might not be.
Latest news (Page 50)
Piketty’s Model of Inequality and Growth in Historical Context, Pt 2
Part II: The Neoclassical Response to the Classical Theories of Inequality and Growth Mason Gaffney has shown how many individuals
The Supreme Court’s Supremely Inconsistent Same-Day Decisions
Originally posted at the website of the Chicago Political Economy Group (CPEG). Let me get this right. An association of
Piketty’s Model of Inequality and Growth in Historical Context, Pt 1
In Thomas Piketty’s doomsday model, slowing of growth in the twenty-first century will cause an inexorable increase in
Monday Links
(1) Esther Kaplan, Losing Sparta: the Bitter Truth Behind the Gospel of Productivity. This is a must-read piece that
The Euro “Recovery” in Real Time (in Case You Missed It)
If you read the Financial Times on 2 May, you learned that at long last recovery gathered pace among the
Monday Links
I have had a rocky start with my intention to post links every Monday--I missed last week, but I&
“Free Trade” and Jobs
It’s easy to forget, decades into the era of neoliberal economic policies and “free trade” agreements, that these policies
Picketing Wealth Inequality
Review of Capital in the Twenty-First Century by Thomas Picketty. Harvard University Press, 2014.
Climate Policy as Wealth Creation
A "cap and dividend" policy would embody the principle that we all own the earth's resources in equal and common measure.
The Minimum Wage and Inflation
Dear Dr. Dollar: Would an increase of the minimum wage be inflationary? Would more inflation than we have now be
What Happened to the Recovery?
Part I: Weak Employment, Stagnant Wages, and Booming Profits The 2007-2010 recession was the longest and deepest since World