Browsing: Inequality
Nobel laureate Joe Stiglitz says not only can AI take your job, it’ll make the ‘tech bro’ class richer while doing it
As Professor Joseph Stiglitz sees it, AI is not just another technology wave—it’s a force that can erode jobs and…
Investor Vinod Khosla predicts free AI labor will lead to an era of few jobs and great abundance
Good morning. What will life be like in 2040? Pretty awesome, according to famed Silicon Valley investor Vinod Khosla. Khosla,…
Nobel laureate author of ‘Why Nations Fail’ warns U.S. democracy won’t survive the AI job-pocalypse
Most critics of President Donald Trump view him as the ultimate threat to American democracy. But to Nobel Prize–winning economist…
Despite a better-than-expected jobs report Wednesday, there’s a wider, inconvenient fact about life in the 21st century: labor takes home…
The U.S. economy is bracing for a substantial fiscal injection this tax season, with Bank of America Research analysts projecting…
Before California, France tried a wealth tax. Rich people fled the country instead of paying
In November, Californians will vote on the state’s proposed tax on billionaires, which, if passed, will slap a one-off 5%…
A comprehensive new report released by the Congressional Budget Office (CBO) portrays a stark transformation of the American economy over…
Forget the K-Shape: We have a barbell economy—and the middle class is buckling under the weight
If you look at the aggregate numbers, the U.S. economy in early 2026 appears resilient. GDP is humming and the…
The analyst who once predicted the ‘end of capitalism’ sees Zohran Mamdani’s election as a ‘day of reckoning coming in’—and corporates only have themselves to blame
Albert Edwards, the long-standing strategist at Société Générale known for offering the “alternative view” within the institution, believes the recent…
Nvidia turns negative after Ray Dalio warns the latest market boom is a ‘big bubble with big wealth gaps’ poised for a politically explosive bust
The stock market’s early rally fizzled by the afternoon, with the S&P 500 swinging from a nearly 2% gain to…











