When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
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Pursuing Profits--or Power?
Do corporations seek to maximize profits? Or do they seek to maximize power? The two may be complementary--wealth begets
Black-White Income Differences: What’s Happened?
Dear Dr. Dollar: There is a great deal of awareness of the general increase of income inequality in the United
Links and Updates
Today I will do things in twos: (1) Two new articles: * Banking on the Public, by Abby Scher, a report-
Ron Baiman on Krugman, Galbraith, and Varoufakis
.The latest from Ron Baiman of the Chicago Political Economy Group. The piece from James Galbraith and Yanis Varoufakis he
Bill Black: Heritage, Ecuador, and Correa
.The latest from Bill Black. His latest and final installment on econ Nobel laureate Roger Meyerson, The Game Theoretical CEO:
Bill Black: Myerson's Ode to Crony Capitalism
This is the fifth installment in my series of article about the predictive and policy failures of Roger Myerson, Nobel
Polly Cleveland: It Takes Government to Create Markets
When the US Army blasted into Baghdad in 2003, expelling Saddam’s Baathist regime, Defense Secretary Donald Rumsfeld expected “free
Links and Updates
(1) Coming soon--Interview with Bob Pollin: Today's image is a lovely drawing of Polish macroeconomist Michal Kalecki,
Bill Black: Taxing Poor Workers to Subsidize Rich Bankers
.The latest from Bill Black, professor of economics and law at the University of Missouri at Kansas City, former banking
NSA, Greenwald, Snowden
. (1) Watch the interview with NSA whistleblower Edward Snowden, by journalist (not mere "blogger," NYT!) and filmmaker Laura
Links and Upcoming Articles
(1) Wall Street Real Estate Buying Spree: You heard it from us first in our March/April cover story by