How the 99 percent was born
The Great Recession destroyed the right’s myth of a “liberal elite,” and forced the middle class to band together
An interesting article on the (surely deliberate) efforts to misdirect and dilute the focus …
A Chinese lifeline for American workers
As wage inflation in China pushes up the cost of offshoring, “Made in America” starts to look a lot better
As happened in Japan, Korea and pretty much everywhere else, labor rates in …
Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs
I find these statements dead on. Rich people do not consume more than other people and tend to make very conservative investments that rarely lead to …
The Cellulosic Ethanol Debacle
Congress mandated purchase of 250 million gallons in 2011. Actual production: 6.6 million.
Yes, what is described in the article (forcing refineries to buy products, then penalizing them when they can’t because the products don’t …
Executive pay: Don’t blame the CEO
Yes, huge stock-based compensation packages have distorted the incentives for executives. But CEOs aren’t to blame, their bosses are.
Just like ball players asking for huge salaries, CEOs are just out trying to …