What’s a Billion Dollars Look Like?
These big numbers a way beyond counting on your fingers – try a trillion With the surge in the number of billionaires around the world […]
Inequality
David Brooks on nurturing human capital in poor people
What might he say about our billionaire class “As a society, we are pretty good at transferring money to the poor, but we’re not very […]
Income Inequality in the US
a fifty year view During the work for my forthcoming book, The Silent Theft: the $79 trillion heist that rewrote the American economic deal, I […]
Wealth Inequality in the US
a fifty-year view. One of the central perspectives of my forthcoming book The Heist: how the rich and corporations stole the American dream and how […]
How to end the financialization of corporations
ending the tsunami of money into the hands of the rich As I have noted many times here, the financialization of corporations, that is the […]
Centi-millionaires: the plague of big numbers – millions, billions, trillions.
The Forbes billionaires list in 2019 counted 607 billionaires in the US. By April 2024, this number had grown by 34 percent to 813. In […]
A Different View of Krugman’s Data
Paul Krugman wrote a recent post, Is the Sleeping Giant Awakening about the EU. It inlcuded this chart showing the relative sizes of the economies […]
An Update: the $79 Trillion Heist
The scale of income transfers from the bottom 90% to the top 10% over the past 50 years just got larger! I have written at […]
The Need for Class Warfare
The media, including here at Substack, has been filled with bleatings about the Democratic Party’s whipping at the hands of Trump and his billionaires. There […]