Economics

If you have an extra 10 million dollars lying around, little Ralphie Parker’s house from A Christmas Story (1983), is for sale. The iconic mustard colored house, located on the outskirts of Cleveland, is currently owned by Brian Jones, a superfan of the film.  read more »

In recent weeks, more and more commentators are suggesting that house prices in New Zealand have started to fall, and are expected to fall further.

For many homeowners, especially those who have bought within the last year or two, this news will be terrifying, and for them I have a great deal of sympathy. They were sold the lie that house prices would always and everywhere rise much faster than incomes, and that therefore the best way to financial independence was to borrow to the maximum extent possible and buy a house – better still, several houses, the more the better.  read more »

For today’s progressive left and its corporate backers, the past increasingly determines the future. At home and abroad, they seek to remedy historical guilt.  read more »

A critical mass of forces finally may be understanding the benefits of what I’ve been advocating for years: that separate political actors in Flyover Country unite to promote our region as a whole, rather than our cities and states always competing with one another for the fruits of economic development and government favor.  read more »

In 1912, James Weldon Johnson wrote that New York City is “the most fatally fascinating place in America”. The city, he explained, “sits like a great witch at the gate of the country, showing her alluring white face and hiding her crooked hands and feet under the folds of her wide garments — constantly enticing thousands from far within, and tempting those who come from across the seas to go no farther.”  read more »

My father, a retired AME Church pastor, on occasion would start a sermon with a story about a pastor preaching a particularly fantastic sermon. The pastor was heaped with praise by his congregants after service. The following Sunday he preached the exact same sermon, to the puzzlement of the church members.  read more »

In my thirty years in the labor movement, I’ve never seen a moment quite like this one. We’re living through a pivotal moment for America’s working class and for the future of U.S. labor, but it’s more than that. This is a major shift in the social and economic order.  read more »

Recent government moves to increase immigration to 1.2 million over the next three years reflects both a hopeful sign for Canada’s future, but also potential impact. Along with immigration’s many benefits, we could see the intensification of racialism and identity politics, the kind that is threatening to tear apart an already deeply divided United States.  read more »

There's a new kind of colonialism afoot in rich nations, and much like the old colonialism, this one, too, purports to be for the good of the colonized. Today's colonialists are Left-wing environmentalists exporting their vision of "climate justice" as a way to deal with global inequality.  read more »

In The Communist Manifesto, Marx and Engels warned that the ‘spectre’ of class war loomed over a rapidly industrialising capitalist world. Today, the neoliberal world is increasingly haunted by a similar spectre, this time of a global class conflict.  read more »