“The 400 richest Americans — the top 0.00025 percent of the population — have tripled their share of the nation’s wealth since the early 1980s, according to a new working paper on … Continue reading Wealth concentration returning to ‘levels last seen during the Roaring Twenties,’ according to new research

Alexandria Ocasio-Cortez’s plan to halt climate change will be cheaper in the long run Even the Financial Times gets it. Source: Pay for Green New Deal now or spend even more later Continue reading Pay for Green New Deal now or spend even more later | FT

Greta Thunberg, a Swedish climate activist, has issued a stark warning to world leaders at Davos to take immediate action on climate change Greta does not mince her words, and she’s right. … Continue reading ‘I want you to panic’: 16-year-old issues climate warning at Davos

The school official said she was worried the 15-year-old student “would be placed in a foster home.” It’s a shame that our system is such that a woman like this can be … Continue reading Indiana school official arrested for using her own health insurance to help a sick student

Comcast cable network spending dropped 3 percent to $7.7 billion in 2018. The whole reason why the cable companies wanted the FCC to overturn Net Neutrality was that they said WITH net … Continue reading Sorry, Ajit: Comcast lowered cable investment despite net neutrality repeal

It hopes to get citizens to monitor the so-called debtors and report them to authorities if they behave as if they could repay their loans. It notifies you if you are within … Continue reading China app shows map of people in debt for social credit system

Charity calls for 1% wealth tax, saying it would raise enough to educate every child not in school This kind of inequality is a threat to the very existence of democracy due … Continue reading World’s 26 richest people own as much as poorest 50%, says Oxfam | The Guardian

The Yes Men are back with a new hoax – a parody WaPo article about Trump resigning from office in May 2019. They also pitched 64 bills that they believed the Democrats … Continue reading Activists hand out fake Washington Post newspapers at D.C. locations 

How Tennessee is making Bernie Sanders’ favorite education idea a reality. Fascinating story on free college in a primarily Republican state, what it is and how and why they did it. SPOILER … Continue reading The red state that loves free college

It is right and just and fair to ask if the government can afford wars, social support programs, border walls, and so on. It is wrong, however, to think of that in terms of money. That’s not the problem. Resources are. Source: But Can The Government Afford It? Continue reading But Can The Government Afford It? | Forbes

Modern monetary theory is just a different way to fight over what those priorities should be. Modern Monetary Theory in the Financial Times. Source: America has never worried about financing its priorities … Continue reading America has never worried about financing its priorities | FT

Those who ask ‘how will we pay for’ a Green New Deal need to learn public finance. Ditto those fearing inflation. We’ll pay for the GND as we do everything else, and … Continue reading The Green New Deal: How We Will Pay for It Isn’t ‘a Thing’ – and Inflation Isn’t Either | Forbes