Category Archives: Labor

Detroit is not Dhalgren

Samuel Delaney’s po-mo science fiction masterpiece Dhalgren has been linked to Detroit since it was published shortly after the urban convulsions of the late 1960s. It’s not hard to see why – the book describes the fictional city of Bellona … Continue reading

Posted in Labor, Pensions, Public finance | Leave a comment

It must be nice on Planet Davos (but for the rest of us, not so much)

In researching another project yesterday, I came across two articles about the economy that seemed to describe completely different realities. The first was by Joe Weisenthal of Business Insider, and described a general consensus among the great and good of … Continue reading

Posted in Finance and capital markets, Inequality, Labor | Leave a comment

Citizens United – the gift that keeps on giving

The Citizens United ruling not only freed corporate “people” from constraints on campaign financing. Apparently, it also opened the door to direct campaigning by employers. In These Times (via) describes one recent example from the Romney campaign: Romney was addressing … Continue reading

Posted in Labor, Organizations, Politics | Leave a comment

Newt goes to China

Newt Gingrich, speaking to students at Harvard in November 2011: “You say to somebody, you shouldn’t go to work before you’re what, 14, 16 years of age, fine,” Mr. Gingrich said. “You’re totally poor. You’re in a school that is … Continue reading

Posted in Coercive aggregation, Education, Labor | Leave a comment

Raising the retirement age is not a solution

In an earlier post on pensions, I noted that people calling for an increase in the retirement age have yet to address two considerations: Keeping the most senior employees in the workforce longer when there is already a shortage of … Continue reading

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Against Immaculate Underfunding

The utter failure of the US retirement system has set us up for the mother of all economic crises as the baby boomers are pushed inexorably toward a very poor future. Like any crisis worth its salt, this one will … Continue reading

Posted in Labor, Pensions | 1 Comment

The psychopath penalty

We seem to be approaching Peak Star Hedge Fund Manager these days – one after another, big-name managers are getting caught out for misbehavior. The latest, from Bloomberg: Philip Falcone, the billionaire founder of Harbinger Capital Partners LLC, faces a … Continue reading

Posted in Finance and capital markets, Labor | Leave a comment