Articles in Economics

Pandemic Social Spending Was a Remarkable Success That Showed What Authentic Social Democracy Could Be Like

Government social spending dramatically reduced poverty, hunger, and inequality and led to increased wages, showing why we need more of such spending, not less.

The Federal Reserve Exists to Protect The Economic Status Quo

What is the Federal Reserve, and who put it in charge? Is there no other way to fight inflation? Just what the hell is going on here?

Every Libertarian Becomes a Socialist The Moment The Free Market Screws Them

If the rich customers of Silicon Valley Bank deserve to be protected from economic hardship by the government, what about the rest of us?

Is Netflix Doomed?

Streaming video on demand now offers an absurd amount of content over multiple platforms. Could the industry be headed for bust?

When Will Congress Vote to Condemn The Horrors of Capitalism?

The House, including many Democrats, recently voted to condemn the economic system that ISN’T screwing us right now.

How The Financial Industry’s ‘White Wall’ Maintains the Racial Wealth Gap

New York Times reporter Emily Flitter explains the workings of systemic racism in finance.

How Euphemistic Corporate Language Aided Purdue Pharma’s Role in the Opioid Crisis

Corporate jargon is full of empty phrases and endless metaphors. But lurking underneath is the dark reality of how this language facilitates corporate profits at the cost of human lives.

The Entirely Predictable Collapse of FTX Exposes the Failures of Regulators and Journalists

The most ‘respectable’ of the crypto billionaires was just another fraudster. When will journalists stop hyping this industry? When will regulators protect consumers from getting ripped off by the next Ponzi scheme?

The Death of “Econ 101”

Using labor markets as a case study to show how the standard ‘econ 101’ story is misleading at best and flatly contradicted by the evidence at worst.

White-Collar War Crimes and For-Profit Famines

What should be called ‘white-collar crimes’ could kill more people than combat itself in the Russia-Ukraine war.

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