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Rich Americans have long fetishized the free market, going all the way back to the post-Civil War era. Gilded Age liberals, which in today’s parlance, would be free market conservatives–the robber barons like Andrew Carnegie who literally thought his wealth was evidence of the theory of evolution personified in him–were so convinced of the deification […]
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The Retail Apocalypse

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In General
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On November 13, 2017
The long-term retail bubble in the U.S. is about to burst and this is going to be devastating for an economy where service jobs have largely replaced industrial jobs for the working class. The reason isn’t as simple as Amazon.com Inc. taking market share or twenty-somethings spending more on experiences than things. The root cause […]
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