Conservatives are all about big government
socialism by and for the rich and corporations Conservative ideology calls for as little government as possible and celebrates the miracle of the efficiencies of […]
Capitalism
What’s a Billion Dollars Look Like?
These big numbers a way beyond counting on your fingers – try a trillion With the surge in the number of billionaires around the world […]
David Brooks on nurturing human capital in poor people
What might he say about our billionaire class “As a society, we are pretty good at transferring money to the poor, but we’re not very […]
Intel and Financialization – harvesting money brings loss of focus on products….
Intel is in the news these days because it’s stumbling and Trump efforts to make our government a shareholder. Professor Bill Lazonick spoke about financialization […]
Food Deserts from 99% Invisible
a great introduction to the monopolization of the US economy A key phenomenon of the past fifty years has been the explosion in the monopoly […]
Anonymity, AI, and the Internet
Maintaining social discipline Over our species’ history, we have lived in small groups for roughly 290,000 years, with only the last 10,000 years in mass-scale […]
Income Inequality in the US
a fifty year view During the work for my forthcoming book, The Silent Theft: the $79 trillion heist that rewrote the American economic deal, I […]
Wealth Inequality in the US
a fifty-year view. One of the central perspectives of my forthcoming book The Heist: how the rich and corporations stole the American dream and how […]
External Costs, Global Warming, Forever Plastics, and Orthodox Economics
Thoughts after Senator Sheldon Whitehouse’s “Time to Wake Up 298: The 10th Our Oceans Conference” No sooner had I finished my earlier post, “‘Outdated and […]
A Plugged Up Kitchen Sink and Insecurity in American Life
A tale of almost $400 Our kitchen sink stopped draining the other day. My amateur snaking did nothing. Today, a plumber arrived with a […]