Econamici blog

Review of Matthew Desmond’s Evicted

Matthew Desmond, a sociologist, lived for two years among poor renters in Milwaukee, first in a south side trailer park occupied mainly by whites, and then in the north side black inner city. In both places, he interviewed and followed several tenants as they moved through the devastating process of

The Poverty Industry: How state and local service agencies scam both the federal government and their intended beneficiaries

In The Poverty Industry, Daniel L. Hatcher explains how the austerity following the 2008 financial crisis has induced state and local public service agencies to scam both the federal government and their intended beneficiaries.

Yves Smith on The Finance-led Counterrevolution and the Rush to Destroy the Safety Net

We are in the midst of a finance-led counterrevolution. The long standing effort to roll back New Deal reforms has moved from triumph to triumph. The foundation was laid via increasingly effective public relations efforts to sell the Ayn Randian world view that granting individuals unfettered freedom of action would
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