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 63)
Teaching Economics, Big-Bank Style
The New York Times, citing results from the National Assessment of Educational Progress (publicized as “The Nation’s Report Card”
What Drives the War on Drugs?
First it was the Dominican limo driver, who disappeared while driving a client upstate. When my husband extracted him from
Can Killing Government Prevent Special Interest Capture?
In my last post on meat markets and securities markets, I argued that competitive markets require government oversight to prevent
Europe Slumming, foreclosure rulings, etc.
(Click on the image above--it is from a very interesting exhibit from 2005.) (1) Europe Slumming It: Last month the
Seniors, Students, and Who "Creates Jobs"
(1) Seniors: Hat-tip to regular blog reader TM for alerting us to an op-ed by WashPo economics blah-blah-er Robert Samuelson
Blog is back up; Right targets NLRB
A quick post, now that the blog is back up. (Thanks to D&S subscriber and WordPress expert Shaun
New Issue; Bill Black on Le Show
(1) May/June issue in the mail: E-subscribers have received their May/June issue, and print subscribers should be receiving
Inside the Subrime Monster
A review of The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America—and Spawned a Global Crisis by Michael W. Hudson. (New York: Times Books, 2010.)
Dear Dr. Dollar:
The main narrative that I hear in mainstream press is that U.S. workers are being undercut and eventually displaced by global competition. I think this narrative has a tone of inevitability, that low wages and job loss are driven by huge impersonal forces that we can't do much about. Is this right?