How capitalism actually works — explained plainly. No ideology. No cheerleading. No moralizing.
The Stockton SEED experiment, GiveDirectly's Kenya RCT, and Sam Altman's OpenResearch three-year US trial are the three best-designed UBI studies to date. Thei…
The 2013 Autor-Dorn-Hanson paper 'The China Syndrome' established that trade exposure produced concentrated, persistent local labor-market harm in US manufactu…
Miles Corak's 'Great Gatsby Curve' plots intergenerational mobility against inequality across countries — they're inversely related. Raj Chetty's Opportunity I…
The 2023 UAW Big Three contracts won 25% raises across four years. Starbucks Workers United organized over 500 stores. The Amazon Labor Union won Staten Island…
Nancy Folbre's *The Invisible Heart* (2001) made the case that care work — child care, elder care, household labor — is the productive activity GDP systematica…
US productivity rose 64% from 1979 to 2024. Typical worker hourly compensation rose 17%. David Autor's MIT work and EPI's State of Working America data establi…
The 2020 California Proposition 22 vote, the UK Supreme Court's 2021 Uber ruling, and the EU's 2024 Platform Work Directive all turn on the same question: are …
Monopsony — market power on the buyer side — is the cleanest economic explanation for why minimum-wage increases haven't produced the unemployment the textbook…
US private-sector union density peaked at 35% in 1955 and is below 6% today. Standard economic models cannot explain the collapse — the productivity case for u…
Textbook economics says wages equal marginal product. Real labor markets involve monopsony power, search frictions, union bargaining, minimum wages, and effici…