by J. Jerrald Hayes | Jun 18, 2017 | Economics & The Economy, Income Inequality
Why Society’s Biggest Freeloaders Are at the Top – Evonomics Opinion By Rutger Bregman No, wealth isn’t created at the top. It is merely devoured there. This piece is about one of the biggest taboos of our times. About a truth that is seldom...
by J. Jerrald Hayes | Jun 15, 2017 | Economics & The Economy, Income Inequality
Why Garbagemen Should Earn More Than Bankers – Evonomics Markets By Rutger Bregman How more and more people are making money without contributing anything of value Thick fog envelops City Hall Park at daybreak on February 2, 1968. Seven thousand New York City...
by J. Jerrald Hayes | Jun 11, 2017 | • Politics, Donald Trump, Economics & The Economy, Income Inequality
…the pundits are all missing the point: the Trump-Sanders phenomenon signals an American oligarchy on the brink of a civilization-threatening collapse. Why Trump Phenomenon Signals an Oligarchy on the Brink of a Civilization-Threatening Collapse –...
by J. Jerrald Hayes | Jun 1, 2017 | Economics & The Economy, Income Inequality, Jobs
Economist: Fix America By Bringing Democracy to Work “I’ve got to pinch myself; I’m having the time of my life,” Professor Richard Wolff proclaimed to a standing-room-only crowd last week. At that Jan. 17 event, co-presented by Pacifica’s...
by J. Jerrald Hayes | May 31, 2017 | Economics & The Economy, Income Inequality
Some good takeaways from the article… Over the past 80 years, we have solved the problem of demand in three very different ways. The first is war. In 1938, US unemployment was almost 20%. In 1944 it was barely 1%. Everybody knows World War II ended the Great...
by J. Jerrald Hayes | May 31, 2017 | Economics & The Economy, Income Inequality, Jobs
When workers have more money, they spend more, and then businesses hire...
by J. Jerrald Hayes | May 30, 2017 | Economics & The Economy
Business School’s Worst Idea: Why the “Maximize Shareholder Value” Theory Is Bogus – Evonomics Business By Yves Smith Short-termism, underinvestment, and a preoccupation with image management. From the early days of Naked Capitalism,...
by J. Jerrald Hayes | May 28, 2017 | • Politics, Economics & The Economy, Income Inequality
The Myth of the Prosperity Generating Free Market Has Been Dispelled. It’s Time for a New New Deal. – Evonomics Capitalism A visionary concept that provides guidance and direction is required now. The spell worked its magic for three decades. For three...
by J. Jerrald Hayes | May 28, 2017 | • Politics, Economics & The Economy, Income Inequality
The big elephant in the room we all seem to be ignoring: The 62 richest people in the world own as much wealth as half of humanity. Such extreme wealth conjures images of both fat cats and deserving entrepreneurs. So where did so much money come from? It turns out,...
by J. Jerrald Hayes | Apr 23, 2017 | Economics & The Economy
It’s Time for New Economic Thinking Based on the Best Science Available, Not Ideology – Evonomics Economics By Eric Beinhocker A new narrative for a complex age If 2008 was the year of the financial crash, 2016 was the year of the political crash. In that...
by J. Jerrald Hayes | Apr 17, 2017 | • Politics, Donald Trump, Economics & The Economy
Perspective | The ‘Trump bump’ has turned to a ‘Trump thump’ Just about the time you think you may have finally figured out what the stock market is doing, it changes on you. Today, let’s look at two actual examples and one possible...
