destabilizing stable economics

(Un)employment

The Automation Grift: From Flying Cars to Ordering Cat Food on the Internet – Part 2

The Automation Grift: From Flying Cars to Ordering Cat Food on the Internet – Part 2

It’s conventional wisdom among pundits that automation will cause mass unemployment in the near future, fundamentally changing work and the social relations that underpin it. Part 1 of this series contrasted this extreme rhetoric with the data that should support the inevitable robot apocalypse, and found that these predictions are likely motivated […]

The Automation Grift: Robots Are Hiding From The Data But Not From The Pundits –Part 1

The Automation Grift: Robots Are Hiding From The Data But Not From The Pundits –Part 1

It’s conventional wisdom among pundits that automation will cause mass unemployment in the near future, fundamentally changing work and the social relations that underpin it. But the data that should support these predictions do not. Part 1 of this article contrasts this extreme rhetoric and the data that should support the inevitable […]

Female employment rates are rising across the world, but not in the US. Why?

Female employment rates are rising across the world, but not in the US. Why?

Japan is not exactly the country that comes to mind as a model of gender equality and high labor force participation for women. In 1995, the OECD estimated women’s employment rate in Japan at 56.5 percent, almost 10 percentage points lower than in the U.S., which had an employment rate of 66 percent for […]

A Green Job Program Will Help Workers, the Economy, and the Planet

A Green Job Program Will Help Workers, the Economy, and the Planet

There’s been much talk about Trump’s plan for jobs and infrastructure that entails over one trillion dollars in new spending (without tax increases) and promises to employ thousands of American workers. Because it looks like this would require significant deficit spending,  it has drawn stiff criticism: even Trump’s the own conservative supporters […]

The Basic Income and Job Guarantees are Complementary, not Opposing Policies.

The Basic Income and Job Guarantees are Complementary, not Opposing Policies.

It’s disappointing to see debates between proponents of the Basic Income Guarantee (BIG) and the Job Guarantee (JG). These discussions detract from the fact that both of these ideal policies are distant from the policies we currently have in place. Supporters of either of these policies should be working together to get […]

Women should be running things. They actually care.

Women should be running things. They actually care.

The jobs in our society that focus on caring for others are often held by women. Women hold 70% of teaching jobs, 90% of nurses are female, social workers, childcare, customer service, you name it. If the duties performed in a particular industry involve caring for another person, most of the workers […]

Employ Young Americans Now: Beyond Education

Employ Young Americans Now: Beyond Education

Over forty years ago, President Lyndon B. Johnson declared a “War on Poverty” in his state of the union address. This war emphasized education as the remedy to America’s economic hardships. Critics, like Hyman Minsky, worried from the beginning that this would not be enough. As explained in some of his writings […]

State of the Unions in the US Economy

State of the Unions in the US Economy

Debates about the disappearance of the middle class and the lack of opportunities for the majority of Americans have been at the forefront of the 2016 presidential election. However, discourse surrounding unions and ways to increase the bargaining power of workers are often overlooked in these discussions.These are integral components of the […]