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Political Economy

29 Posts · 2 Articles

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This group discusses politics and policy though an economics lense.
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Francisco Lopez

2 years ago

in Liberals and Progressives and in 3 more groups

A worker in Florida applied to 60 entry-level jobs in September and got one interview

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A worker in Florida applied to 60 entry-level jobs in September and got one interview

Joey Holz, whose experiment went viral, told Insider he specifically applied to businesses that were publicly complaining of a worker shortage.

https://www.businessinsider.com/worker-applied-to-60-jobs-got-one-interview-labor-shortage-2021-10

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Francisco Lopez

2 years ago

in Liberals and Progressives and in 2 more groups

Why does a democratic republic founded in opposition to monarchy tolerate billionaires?

Why does a democratic republic founded in opposition to monarchy tolerate billionaires?

In Thursday's post, I imagined a world in which conservatives placed equality at the center of their sensibilities. It was fun, though hardly realistic. As one reader said, conservatives never do that. If they did, they'd be liberals. But the goal of the exercise was less practical than imaginative....

https://www.alternet.org/2021/10/billionaires-and-democracy/

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Francisco Lopez

2 years ago

in Liberals and Progressives and in 4 more groups

The wealthiest 10% of Americans own a record 89% of all U.S. stocks

The wealthiest 10% of Americans own a record 89% of all U.S. stocks

The top 1% gained over $6.5 trillion in corporate equities and mutual fund wealth during the pandemic, according to the latest data from the Federal Reserve.

https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-americans-own-a-record-89percent-of-all-us-stocks.html

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