There is No Free Labor Market

Financial Justice Ideas and Issues Workers

            New Orleans      Finally, it appears that economists are catching up with the on-the-ground reality when it comes to workers and the factors that push down on their wages.  Arguments that there is a free labor market, universally mobile and propelled by little more than self-interest, have always been specious.  Rationalizations that low wages …

Continue Reading

New Economics for the People

Financial Justice Ideas and Issues Solidarity Economics Wade's World

  Pearl River     Traditional economics is under assault from all corners.  The pandemic has forced some reevaluations of neoliberal scripture on everything from climate change to just-in-time supply chains to globalism itself.  The Russian invasion of Ukraine will inevitably force yet another rejiggering of economic forces and allies in Europe and beyond.  The shibboleths of …

Continue Reading