Economics

It seems impolite to say “we told you so,” but the working class and labor unions were so unjustly maligned more than two decades ago—when they fought the push to expand unfettered global trade—that it seems more than fair to serve some humble pie to global trade’s champions.  read more »

The notion that “the arc of history” favors humanity extends across the political spectrum from George W. Bush to Barack Obama.  read more »

For years I’ve bought the majority of my meat and eggs from a farm family north of the city. Every two months Farmer Craig drives down in a refrigerated van and I fill my freezers with lamb, poultry, pork, and beef.  read more »

Until the current elite owners can demonstrate to the middle-income and those on fixed incomes that their EV’s are their primary family workhorse vehicles, and a solution to shipping potentially flammable EV batteries to American ports is resolved, may all be a prelude to a financial crisis brewing for the auto industry.  read more »

Twenty-first-century America may be dominated by oligarchic elites, but arguably the biggest threat to our economic and political system might be located further down the food chain. This most dangerous class comes from the growing number of underemployed, overeducated people.  read more »

While no Americans are happy about the “special military operation” in Ukraine, transit agencies and advocates are positively giddy about the effect of that operation on gas prices.  read more »

With our natural resources, our productive capacity, and the genius of our people for mass production we will...outstrip the Axis powers in munitions of war.
Franklin Roosevelt, Message to Congress, Jun 10, 1941  read more »

Mutual of Omaha is building a new headquarters in downtown Omaha, which at first appears to be a revival of downtown fortunes. But the company has 4,000 employees in the Omaha area, and the new headquarters will have room for no more than 2,500 of them, as the rest are expected to work from home on any given day.  read more »

No state advertises its egalitarian bona fides more than California. Governor Gavin Newsom brags that his state is “the envy of the world,” a place that is “not going to abandon our poor people.” In his inauguration speech, he claimed that “unlike the Washington plutocracy, California isn’t satisfied serving a powerful few on one side of the velvet rope. The California Dream is for all.”  read more »

As I prepared to teach my module on work this year, I realised that Studs Terkel’s book Working celebrates its fiftieth anniversary in 2022. It’s a book that both reflects and helps to explain working-class life.  read more »