By Les Leopold “Over the next two years 1,400 Carrier air conditioner workers will see their decent paying jobs migrate to Mexico. This highly profitable Indiana facility, represented by the United Steel Workers, will make even more money south of…
AIR IMPACT
Recognition of AIR research, opinions, and people in the media and elsewhere
Trump, Clinton, and the great jobs challenge
By Bob Abeshouse “The deep discontent over jobs and the economy among large sectors of the American electorate goes a long way to explain the strange nature of the US presidential race this year.”… [Click HERE to read the full…
Stock buybacks: Any positive outcome?
By Arthur MacEwan “Usually, we think of firms issuing – i.e selling – shares of stock to raise money for their investment. However, firms can also buy back those shares, which are shares of ownership in the firms.”… [Click HERE…
Health insurers—your free ride is over: time for single payer insurance
By Patrick Hill “A recession is emerging with interest rate curves inverted, the end of the business cycle at hand, world trade falling and consumers and businesses beginning to pull back spending. The question is: will monetary or fiscal stimulus…
Yellen challenges economists amid elusive great recovery
By Jack Gao “In the annual economic conference organized by the Federal Reserve Bank of Boston, Janet Yellen’s speech was less about the current state of the U.S. economy than it was about the new questions posed for macroeconomics by the Great…
Shark attack: Pharmaceutical industry’s feeding frenzy
By the Institute for Health and Socio-Economic Policy “Throughout the series of briefs we have seen how pharmaceutical companies charge high drug prices1 , enabling these companies to realize enormous profits.2 Through patents3 as well mergers and acquisitions4 they have…
The pathogens of Wells Fargo’s corruption fester in every large corporation
By Cory Doctorow “Despite the denials of its new CEO, Wells Fargo had a serious, widespread cultural problem that led it to commit at least 2,000,000 financial crimes. But the crimes and the culture are widespread across America’s banks, and they spread further than…
The Dangers of Financialization
By Robert Johnson (interviewing Rana Foroohar) “TIME magazine assistant managing editor Rana Foroohar’s book Makers and Takers sounds an important note of warning on the dangers of financialization of the U.S. economy.”… [Click HERE to read the full article and…
Outrageous fortunes: Pharma executives cash-in on high drug prices
By Institute for Health and Socio-Economic Policy “The previous IHSP briefs explained why prices for prescription drugs have risen,1 and how these increases result in tremendous sales and profits.2 Pharmaceutical executives are paid to make sure that this is the…
Wells Fargo scandal shows need to fix performance pay loophole
By Sue Holmberg “The Wells Fargo scandal has reignited anger over Wall Street’s criminal activity and the havoc it has wreaked on ordinary Americans. That anger is all the more justified because the financial executives responsible for this damage take…
