1. Massive Redistribution Has Occurred. Upward. Total U.S. wealth increased by a stunning 60 percent since 2009, from $54 trillion to $86 trillion, but 3/4 … Top Tax Rate Should Be 80%Read more
Economics
Posted inEconomics / Internet / ToMl
Google, Facebook and a gradual realignment towards the post-BEPS landscape
The announcements by Google and Facebook should be seen in the light of the attempt to reform international tax rules through the G20/OECD project on … Google, Facebook and a gradual realignment towards the post-BEPS landscapeRead more
Posted inEconomics / Inequality / ToMl
What Do Our Wealthiest Deserve?
Our world’s billionaires don’t merit either their billions, the economist Didier Jacobs suggests, or the right to claim we’re all living in a ‘meritocracy.’ Defenders … What Do Our Wealthiest Deserve?Read more
Posted inClimate Disaster / Economics / Inequality / ToMl
A Warming Planet Would Rob From the Poor and Give to the Rich
Climate change could seriously redistribute resources and reallocate wealth – but not in a fair way. In a reverse of the famous Robin Hood folklore, … A Warming Planet Would Rob From the Poor and Give to the RichRead more
Posted inEconomics / News / USA Empire / Worker
Uber To Settle Driver Lawsuits For Up To $100 Million
Uber will pay $84 million to neutralize two massive lawsuits that posed a threat to its business model and make a handful of small but … Uber To Settle Driver Lawsuits For Up To $100 MillionRead more
Posted inEconomics / Politics / ToMl / USA Empire
Why the Critics of Bernienomics Are Wrong
Not day goes by, it seems, without the mainstream media bashing Berney Sanders’s economic plan – quoting certain economists as saying his numbers don’t add … Why the Critics of Bernienomics Are WrongRead more
Posted inEconomics / Politics / ToMl / USA Empire
Stand Against Wall Street Fraud
Four people who have been at the center of some of the nation’s biggest Wall Street scandals have come together to send a message to … Stand Against Wall Street FraudRead more
Posted inEconomics / ToMl
The Urgent Need to Save Orthodox Economists from their Crippling Myths
A blogger has trolled all heterodox economists as believers in the “occult.” More precisely, he is upset about “econ people” (who are likely not economists) … The Urgent Need to Save Orthodox Economists from their Crippling MythsRead more
Posted inEconomics / Politics / ToMl / USA Empire
Dismissing Bernie’s Supporters as “a Mob” and the Great Recession as No Big Deal
In an unintentionally hilarious piece evincing exceptional moral blindness, Mr. Womack, a journalist, writes to Bernie. Senator, you are forming a mob of angry, misinformed … Dismissing Bernie’s Supporters as “a Mob” and the Great Recession as No Big DealRead more
Posted inEconomics / Rent / Strike / ToMl
Rent strikes
When you can no longer afford to pay your rent, only one course of action remains: stop paying it. On both sides of the Atlantic, … Rent strikesRead more