Economy
Industrial Food and Econ 101 – the case of externalities
Externalities – the language of Econ 101 What are externalities? Defined in two widely used textbooks: “An externality occurs when some of the costs or […]
An Update: the $79 Trillion Heist
The scale of income transfers from the bottom 90% to the top 10% over the past 50 years just got larger! I have written at […]
Fire Engines, Monopolies, & Private Equity
The New York Times published a lengthy report on 2.17.2025, “As Wall Street Chases Profits, Fire Departments Have Paid the Price – Fire engine manufacturing […]
Insecurities for the Bottom 90% of the US Population – part 4 – Food
This is part of the series on the insecurities produced by American capitalism for most Americans. Food Food Insecurity The US Dept. of Agriculture reports […]
The Need for Class Warfare
The media, including here at Substack, has been filled with bleatings about the Democratic Party’s whipping at the hands of Trump and his billionaires. There […]
Insecurities for the Bottom 90% of the US Population – part 2 – Jobs
This is part of the series on the insecurities produced by American capitalism for most Americans The Insecurities of Jobs Employment insecurity is the first […]
What is financialization and why does it matter? – part 3
Changes in Economic Policy and Regulation In two earlier posts, “What is financialization and why does it matter? – part 1” and “What is financialization […]
What is financialization and why does it matter? – Part 2
Changes in the behavior of nonfinancial corporations – the real economy In Part 1 we reviewed the definition of financialization and “Changes in the structure […]
Polycrisis
Today, I came across this article on Medium: The Rich Are Hoarding Wealth—Because They Know What’s Coming by Angus Peterson. I have regularly referred to […]