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Judd Legum

@JuddLegum ↗

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Last Checked Nov. 25, 2022

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Mon Nov 07 15:17:07 +0000 2022

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Judd Legum @JuddLegum

9. It's been fashionable for many economists to dismiss the contribution of corporate greed to inflation. That's changing. — PolitiTweet.org

Posted Nov. 7, 2022

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Judd Legum @JuddLegum

9. Corporate concentration is not an isolated phenomenon. Over the last two decades, "[m]ore than 75% of U.S. industries have become more concentrated." A paper published by the Boston Fed found the "US economy is at least 50 percent more concentrated today than it was in 2005." — PolitiTweet.org

Posted Nov. 7, 2022

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Judd Legum @JuddLegum

10. Paul Donovan, the chief economist at UBS Global Wealth Management — not a position typically held by leftist radicals — wrote last week in the Financial Times that corporations have "taken advantage of circumstances to expand profit margins." https://t.co/SrqPsvEK1A — PolitiTweet.org

Posted Nov. 7, 2022