Economics

America is Headed for Class Warfare

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Nothing has revealed the class divide in the U.S. quite like runaway inflation and skyrocketing gas prices. But in addition to the economic impact the staggering incompetence of the Biden administration is having on the working class, there is a political one; it's undeniably driving working class voters even further from the Democrats and toward the GOP.  read more »

The Metaverse Isn't Real Yet But It's Already Really Lucrative

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In a society that seems addicted to the “new, new thing,” it is easy to pass off talk about the “metaverse” as classic techie hype. It’s not that or, at least, it’s about to be and is already becoming much more than just that.  read more »

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We Told You So: On Trade, the Working Class Was Right

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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 »

When the Arc of History Bends Back Toward the Dark Ages

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

Farmer Craig Hits an Oily Patch

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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 »

Oversupply of EV's from Foreign Manufacturers and Lack of Demand May Be Global Financial Shock

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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 »

The Most Dangerous Class

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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 »

Gas Prices and Transit

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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 »

Foreign Threats Demand a Muscular Domestic Response

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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 »

60 Desks for Every 100 Workers

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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 »