Demise of the US Middle Class Now Official
A study by Pew gives a new look at the fall of the middle class and how the accompanying rise in income stratification is playing out.
Read more...Category Archives: The destruction of the middle class
The Importance of Wealth Concentration and Why It is So Difficult to Measure
As bad as available data says wealth concentration is, it is probably even worse.
Read more...Guess What? You Can Pay $600 a Month to be Homeless in San Francisco
Being homeless in San Francisco is not necessarily a bargain.
Read more...America to Working Class Whites: Drop Dead!
On the fallen status of lower-class whites, and the poor prospects for many of their betters.
Read more...“Failed: What the ‘Experts’ Got Wrong about the Global Economy”
An excerpt from CEPR co-director Mark Weisbrot’s important new book, Failed.
Read more...Tom Ferguson: Who is Supporting Trump?
Our favorite curmudgeon, political scientist Tom Ferguson, appeared on Real News Network to tease some signal out of the considerable noise on Donald Trump.
Read more...From G20 to Labour20
Labour20 set forth important goals not just for labor but for the economy and broader society. But does organized labor have the credibility to promote these aims?
Read more...The Disaster of Greek Austerity – What Next?
More on the ground readings on the impact of austerity in Greece.
Read more...The REALLY ANNOYING Don’t-Wanna-Subsidize-Wealthy-Kids’-College-Tuition Canard
Yves here. Readers know I have a weakness for righteous rants…
Read more...Marshall Auerback and Branko Milanovic Discuss Income Inequality: The Global Haves And Have-Nots In The 21st Century
A conversation between Marshall Auerback and Branko Milanovic on income inequality and the potential countervailing forces to its rise.
Read more...US Intergenerational Mobility: 1850-1940
Intergenerational income mobility is currently not very high in the US compared to other developed countries. This column shows that US intergenerational income equality was high in the 19th century but plummeted between 1900 and 1920. The income-mobility ladder was thus pulled up during the so-called Great Gatsby era.
Read more...To Fix Inequality and Steady the Economy, Think Radically
Originally published at the Institute for New Economic Thinking website Adair Turner, Chairman of the Board of the Institute for New Economic Thinking and former Chairman of Britain’s Financial Services Authority (2008-13), is the author of a new book that takes aim at economic and political orthodoxies, Between Debt and the Devil: Money, Credit, and […]
Read more...The Disaster of Greek Austerity
Data and on the ground reports on the high cost of Greek austerity.
Read more...How Pursuing “Competitiveness” Crushes Labor and Lowers Growth
Why pursuing national “competitiveness,” as in squeezing labor pay and rights, does not produce the promised benefit of more growth.
Read more...Full Text of TPP, Including Annexes, and Boy is it Nasty
Yes, sports fans, the TPP is as bad as you feared it might be….
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