Ha-Joon Chang
Economics
Posted inBank / Economics / ToMl
Time to Level the Playing Field
Student Debt Slavery II The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t … Time to Level the Playing FieldRead more
Posted inEconomics / Politics / Poverty / ToMl / USA Empire
The New Poor People’s Campaign in Marks, Mississippi
This week, the Poor People’s Campaign: A National Call for Moral Revival began an organizing tour meant to connect and lift up the struggles of … The New Poor People’s Campaign in Marks, MississippiRead more
Posted inBank / Economics / ToMl
Bankrolling Financiers on the Backs of the Young
Student Debt Slavery 1 Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors. The advantages of … Bankrolling Financiers on the Backs of the YoungRead more
Posted inEconomics / ToMl / USA Empire
How Uncle Sam Launders Marijuana Money
In a blatant example of “do as I say, not as I do,” the US government is profiting handsomely by accepting marijuana cash in the … How Uncle Sam Launders Marijuana MoneyRead more
Posted inEconomics / ToMl / USA Empire / Worker
People are going deeper and deeper into poverty in this gig economy
On Tuesday, taxi drivers held a vigil to remember a livery car driver who had committed suicide outside the gates of City Hall Monday. Douglas … People are going deeper and deeper into poverty in this gig economyRead more
Posted inEconomics / Inequality / ToMl
Our Broken Economy, in One Simple Chart
Many Americans can’t remember anything other than an economy with skyrocketing inequality, in which living standards for most Americans are stagnating and the rich are … Our Broken Economy, in One Simple ChartRead more
Posted inEconomics / Inequality / ToMl
Latest wealth data shows disproportionate gains to the rich during era of QE
Analysts will be watching the Bank of England closely this Thursday for any hints about its plans to raise interest rates. But despite rumours of … Latest wealth data shows disproportionate gains to the rich during era of QERead more
Posted inDebt / Economics / Education / ToMl
The case for erasing every last penny of student debt
Student loan debt is a crushing problem in America. Over 44 million people have such loans, with an average balance of about $30,000 — making … The case for erasing every last penny of student debtRead more
Posted inDebt / Economics / Europe / ToMl
Greek debt update
According to the IMF, Greece’s debt isn’t manageable in the long-run without being either extended or forgiven. Where do you stand towards this claim? How … Greek debt updateRead more