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    Commentary, Economics / economic theory, plutocracy /

    More Profit Bias

    February 14, 2014

    There’s quite a fuss surrounding those disincentives to work within Obamacare that the Congressional Budget Office mentioned last week. If you recall it was spun by right wingers as a loss of jobs, when, in fact, it was a reduction in the supply of labor because workers decided not to work. It was a good […]

    Commentary, Economics / auto industry, business investment, manufacturing, Republicans, trade unions, wages /

    Chattanooga!

    February 14, 2014

    Have you been following the Chattanooga story? In a nutshell here it is: Volkswagen has a big production plant there. VW was given the usual trade distorting incentives by Tennessee to set up shop locally. Up until now the VW plant has been non-union, but now a union drive looks like succeeding. VW’s management has […]

    Commentary, Economics / plutocracy /

    Executive Payola

    February 14, 2014

    There’s quite a rumpus, again, about executive pay. The amount our top CEO’s extract from us all has reached epic proportions. The Fortune 500 CEO’s average pay levels about 200 times that of our average workers. This is about 1,000 times more than it used to be back when the economy was doing well in […]

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