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Olduvai III: Catacylsm
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If the Economy is So Good, Why are Wages Flat?

If the Economy is So Good, Why are Wages Flat? Photo by Nathaniel St. Clair We are supposedly seven years into a “recovery” from the global economic collapse that commenced in 2008. The latest evidence offered to promote this oft-peddled mantra is that U.S. gross domestic product showed a strong uptick for the second quarter […]

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World Bank Solution for Lack of Jobs: Cut Worker Protections

World Bank Solution for Lack of Jobs: Cut Worker Protections The World Bank is in the process of completing its “World Development Report 2019: The Changing Nature of Work” and, surprisingly, the latest draft version opens with quotes from Karl Marx and John Maynard Keynes. Has the World Bank suddenly lost sight of its purpose […]

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Hiding the Real Number of Unemployed

Hiding the Real Number of Unemployed Photo by James Lee | CC BY 2.0 Your government believes that exhausting your unemployment benefits is a cause for celebration — because you are no longer unemployed! Huh? Well, there is a slight of hand here. Only working people who are receiving unemployment benefits are counted as “unemployed” […]

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Could an Economic Collapse be in Our Near Future?

Could an Economic Collapse be in Our Near Future? Climate scientists and others have in the past few years issued a steady stream of analyses showing that without immediate remedial actions, a disastrous future is headed our way. But is it a four-decade-old study that will prove prescient? That study, issued in the 1972 book The […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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