Robert Reich: 5 Reasons Why Trump’s and Cruz’s Tax Plans are Huge Giveaways to the Rich
Trump’s tax plan reveals that his economic populism is three-card Monte.
Read more...Category Archives: Income disparity
Assuming Away Unemployment and Trade Deficits from the TPP
It should come as no surprise that the Peterson Institute has managed to model the impact of the TPP so that it does not increase unemployment.
Read more...Income Inequality and Income Mobility: New Evidence from OECD Nations
Some economists argue that income inequality suggests intra-generational mobility in society. This column provides comprehensive evidence across a large number of advanced economies on the importance of intra-generational mobility and its relationship with earnings inequality. The findings do not support the belief that higher earnings inequality necessarily goes hand-in-hand with greater mobility over the working life. Higher inequalities are not systematically compensated by higher mobility opportunities.
Read more...Wolf Richter: Hamptons Super-Luxury Homes Whacked by Reversing “Wealth Effect”
Hamptons real estate is soft at the high end. A portent for the financial health of the super rich?
Read more...How the Cutthroat Walmart Business Model Is Reshaping American Public Education
Walmart has played a huge role in promoting and funding the charter school movement and plans to expand much further.
Read more...How Much International Tax Evasion is There?
More experts are working up estimates of the magnitude of cross-border tax evasion, and the amounts involved are considerable.
Read more...An Eyewitness Report from the Thwarted Trump Rally
A first-hand account from the aborted Trump rally.
Read more...Hoisted From Comments: American Education, Then and Now
A query to readers with children in or who have very recently graduated from public school: has education stagnated, as experts suggest, or is it getting worse?
Read more...Gaius Publius: When Trump Talks Trade, Voters Listen
It’s easier for liberals to blame Trump voters for racism than to blame themselves for the job-loss and pain of the working class.
Read more...Gaius Publius: The Goal of the Neo-Liberal Consensus Is to Manage the Decline
Neoliberals want ordinary people to accept that their standard of living will decline. It’s not hard to see whose interest that story promotes.
Read more...Krugman Then and Now on Trade
Krugman shifts ground (yet again) as hostility to the negative effects of trade deals appears to be a big component of Sanders’ Michigan upset
Read more...Galbraith: Attack on Sanders’ Economic Plan By Former Chairs of the Council of Economic Advisors Irresponsible
Jamie Galbraith discusses in some detail why Gerald Friedman, a Clinton supporter who gave a favorable review of Sanders’ economic plan, is owed an apology by his detractors.
Read more...A Feisty Debate on Corporate Tax: Tax Justice Network vs. Tim Worstall
Tax avoidance by multinationals has put the issue of the implications of the low levels of tax paid by multinationals in the spotlight.
Read more...The Modi Government and India’s Economy
Why is India experiencing so much political upheaval when it has one of the fastest growing economies in the world?
Read more...Some Real Costs of the Trans-Pacific Partnership: Nearly Half a Million Jobs Lost in the US Alone
The Trans-Pacific Partnership will lead to job losses overall, with the US taking the biggest hit.
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