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.
Thomas Frank
2 articles
Review of Thomas Frank's "The People, No"
By Polly Cleveland These days the major media fill with denunciations of populists. They are the ignorant people who rally
The Liberals Didn’t Listen: The Immense Cost of Ignoring Tom Frank’s Warnings
By William K. Black Cross-posted with New Economic Perspectives. November 8, 2016 Kansas City, MO I am writing this