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.
By William K. Black Cross-posted at New Economic Perspectives. In the first column in this series I explained how
By William K. Black Cross-posted at New Economic Perspectives. I’ve come back recently from Kilkenny, Ireland where I
By Gerald Epstein Cross-posted at our sister blog Triple Crisis. In his recent New York Times opinion column, "
By Thomas I. Palley, Independent Economist Washington, D.C. Cross-posted at the author's blog, thomaspalley.com. An
Here are more links related to the kerfuffle surrounding our columnist Gerald Friedman's research paper on the likely
New Issue! We are just sending this to the printers; e-subscribers will get their full-color pdfs in the
(1) Greek elections: We just posted an article by Mike-Frank Epitropoulos on tomorrow's elections in Greece, and
Apologies about the break from posts for the past week plus. I just moved apartments, and that kept me from
This is the third of our book reviewer Steve Pressman's live-blogging posts on Thomas Piketty's