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Tag Archives: Income disparity

For Boomers Reframing Aging, Age-Proofing A Home Won’t Come Cheap

Yves here. On the one hand, this article sets forth a nascent housing trend: that of building or retro-fitting homes to be elderly-friendly. On the other, without getting the full details, this couple built a home that was wheelchair friendly. Another potential need is live-in help. And caring for the yard would eventually be entirely hired out if the couple is indeed able to age in place. The article also politely notes that not being able to drive becomes an issue, yet seems to have a...

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The Rise and Fall of the Roman Republic: Part 2 of 4: The First Hammer-Blows

Yves here. The commentariat had a lively discussion of the first installment of this mini-history of the Roman Republic, with Michael Hudson in particular taking issue with the framing. I hope this post leads to further debate. By Newdealdemocrat. Originally published at Angry Bear This is part 2 of my four part look at the Roman Republic and subsequent Empire. In part 1, I described the structure of the Republic, and its several centuries of stability and success, as well as the underlying...

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The Rise and Fall of the Roman Republic: Part 1 of 4: Structure and Background

Yves here. Historical lessons for the present are a favorite topic here, and particularly from the Roman Republic and the later empire. So enjoy! I’m sure some of you will qualify or add to these views. By Newdealdemocrat. Originally published at Angry Bear “Mortal Republic: How Rome Fell into Tyranny,” by Edward J. Watts“The Storm Before the Storm,: The Beginning of the End of the Roman Republic” by Mike Duncan“Ten Emperors: Roman Emperors from Augustus to Constantine,” by Barry Strauss I’ve...

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Four Companies Settle Just Before Bellwether Opioids Trial Was to Begin Today in Ohio

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. Four companies settled opioids claims with two Ohio counties just before a bellwether federal opioids trial was due to begin today in Ohio. This multidistrict litigation (MDL),  the largest and most complex civil case in US history, pits a myriad of plaintiffs against defendants arrayed throughout the opioids supply chain. Today’s trial brought by two...

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UAW and GM Reach a Deal, But Will Autoworkers Support It?

Jerri-Lynn here. GM autoworkers vote this week on a deal to end the month-long GM strike. In this Real News Network interview, two former autoworker leaders examine how the militancy of rank and file union membership carried the current strike, how it could transform unions, and how this speaks to the larger struggle with capitalism. MARC STEINER: Welcome to The Real News Network. I’m Marc Steiner. Great to have you all with us once again. The United Auto Workers union has...

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Impoverished Economics? Unpacking the Economics Nobel Prize

Yves here. Even thought the mainstream media, as usual, duly applauded the winners of this year’s “Nobel” prize in economics, there’s been less attention paid to the recipients than usual and far more criticism, some very measured, others more critical. The winners helped develop and promote an approach to development economics they called “randomized control trials” seeking to associate their approach with the highly respected random clinical trials in medicine. The reason their work has...

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Marshall Auerback: Will the GOP Become the Party of Blue-Collar Conservatism?

By Marshall Auerback, a market analyst and commentator. Produced by Economy for All, a project of the Independent Media Institute From the days of Franklin Delano Roosevelt onward through to the 1990s, the Democrats had long been considered the party of the working class. That perception lingered long after the fact that by the 1990s, they had more accurately become the party of Wall Street and Silicon Valley, often embracing policies at variance with their traditional blue-collar supporters....

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Trump’s Border Wall is a Multi-Billion Dollar Corporate Handout

By Nick Buxton, a communications consultant, whose publications include “Civil society and debt cancellation” in Civil society and human rights (Routledge, 2004) and “Politics of debt” in Dignity and Defiance: Bolivia’s challenge to globalisation (University of California Press/Merlin Press UK, January 2009) and Todd Miller, the author of Border Patrol Nation: Dispatches From the Front Lines of Homeland Security, who has written on border and immigration issues for the New York Times, Al...

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The IMF Convenes in Washington, Deaf to the Suffering It Causes Across the Planet

Yves here. Note that for at least the past decade, there has been a significant divergence between the IMF’s research arm, which has regularly criticized neoliberal policies, and its program arm, which acts as an enforcer for moneyed interests. During the Greek bailout negotiations, even some members of the program staff were clearly opposed to what was going on via leaking internal documents that contended that the planned round of funding to Greece violated the IMF’s “No more Argentinas”...

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Thomas Piketty’s New Book: Impressive Research, Problematic Solutions

This is Naked Capitalism fundraising week. 1696 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser and what we’ve accomplished in the last year, and our current goal, more original reporting.. By Jean Pisani-Ferry, who holds the Tommaso Padoa Schioppa...

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