Insurers are dropping plans and slashing benefits.
Leading economists' misdiagnosis of inflation in 2021-22 was the latest episode in a long-running series of failures. Either mainstream economists need to re-examine their core beliefs, or the profession needs a new mainstream.
Unions fear that the auto industry is using the transition toward EVs to advance a second shift away from well-paying jobs.
The economic consequences of capitalism’s profit-driven movement out of its old centers (Western Europe, North America, and Japan) brought capitalism there to its current crisis.
The moral of the story is that there is nothing about AI technology that should lead to mass unemployment and inequality. If those are outcomes, it will be the result of how we structured the rules, not the technology itself.
President Biden’s NIH rejects a petition to seize the patent of an unaffordable prescription drug.
Unfounded Fed tightening myths are backfiring on the economy.
Texas-based RealPage’s YieldStar software helps landlords set prices for apartments across the U.S. With rents soaring, critics are concerned that the company’s proprietary algorithm is hurting competition.
To avoid the energy catastrophe and reverse the huge loss in living standards already under way, we need to take over the fossil fuel companies and phase out their production with increased investment in renewables, to reduce fuel prices for households and small businesses.
The inflation panic is causing some Democrats to pivot from social spending to deficit reduction. That’s exactly the wrong approach.
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