Americans Tolerate Inequality Because They Over-Estimate Their Odds of Coming Out on Top
How Americans’ optimism leads to self-delusion on their odds of success, and therefore to not supporting policies in their real interest.
Read more...Category Archives: Income disparity
Trump-Style Policies Will Deepen the “American Carnage”
An in-depth look at Trump’s economic plans shows they would enrich the 1% and hurt the “forgotten people” he promised to help.
Read more...Gaius Publius: The Collapsing Social Contract
Tracing the trajectory of social breakdown in the US.
Read more...The Tragedy of ‘Mountain Dew Mouth’ and the U.S.’s Insane Approach to Dental Care
Lack of dental care weighs as heavily on the poor, particularly the rural poor, as access to what we usually define as “medical” care.
Read more...U.S. Women Disproportionately Burdened by Student Debt
The wage gap hits women hard in paying off student debt.
Read more...Nina Turner: Wall St. Democrats vs. Working Class Democrats
A wide-ranging discussion with Nina Turner from the People’s Summit in Chicago.
Read more...Globalization and Executive Compensation
One way globalization has increased inequality: via executive pay.
Read more...Measuring the Impact of Immigration on Wages: The Mariel Boatlift Controversy
125,000 mainly low-skill Cuban immigrants arrived in Miami in 1980. Economists are still debating whether they lowered local wages.
Read more...Matt Bruenig: Data Contradicts Washington Post’s Social Security Disability Welfare Cheating Story
Debunking a Washington Post narrative on the Social Security Disability Income program.
Read more...Despite Wobbles, Theresa May Still Expected to Lead Conservative Win This Week
Despite Theresa May looking at risk in many UK polls, the distribution of seats in play may give the Tories the advantage.
Read more...Starved School Budgets Across the US: A Symptom of Education Funding Crisis
School budgets are in worse shape in many parts of the US than you might have imagined.
Read more...Michael Hudson: Are Students a Class?
Students as the new NINJA creditors, and the broader implications of the use of debt as an instrument of social control.
Read more...The New New Deal
The myth of the virtues of markets is past its sell-by date. Time for a new guiding principle, and the New Deal may be the place to start.
Read more...Government Austerity Demands That We Die Within Our Means
Theresa May’s plans to intensify austerity are costing her votes. About time.
Read more...The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class
Discusses twin diseases stymieing US middle-class– secular stagnation and the polarization of jobs and incomes– and potential policy cures.
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