Wealth & Poverty course from Robert Reich – UC Berkeley
Reich is offering an online course, “Wealth & Poverty”, that started today. I watched the first lecture, “What Happened to Income and Wealth?” Looks like […]
Capitalism
Private Equity, Housing, and the Extraction Economy
In the last couple of years articles have begun to appear with titles like: When Private Equity Becomes Your Landlord Where Have All the Houses […]
Sources of Poverty in the US – Matthew Desmond article – Updated
Original posting – 3.6.2023 Matthew Desmond, author of Evicted: Poverty and Profit in the American City, has a new book Poverty, by America set to […]
My Year End Siege of Angers – the addendum
Here are two more angers: (an addendum to the 1.1.2023 post: My Year End Siege of Angers – the list) Guns: “Eighteen percent of U.S. households […]
My Year End Siege of Angers – the list
Yesterday as I was taking a walk up and down Warren St. here in Hudson I realized that I had become actively angry about the […]
The Implosion of Southwest Airlines and Financialization
Southwest Airlines canceled thousands of flights representing more than 80%of all cancellations during the Christmas 2022 snowstorm. The scale of this service implosion led to […]
Capitalism – the actual workings – coming soon
The work to revise and expand my 2018 essay “Capitalism – a critique” has entered its final stages. A final draft has been distributed to […]
How the Rich and Big Corporations Feed Off Us During the Pandemic
The rich and corporations win even during a global pandemic.
Real Estate Development – a local story –
In an area with dozens of empty store fronts and several hundred thousand sq ft of empty space, a new strip mall is approved for construction. A rational market??
Nobel Prize Winners Critique Markets – Duflo and Bannerjee
Nobel Prize winners Duflo and Bannerjee take on idealized views of markets. They target the role of financial incentives, markets as self-correcting, efficient and ethically sound.