Affordability is a Diversion
Income and wealth inequality are the root of the affordability crisis. Now we have politicians in both the Republican and Democratic parties waving affordability flags. […]
income inequality
What If US Wealth Was Distributed Equally?
a thought exercise in Rawls’ Theory of Justice US household wealth rose to $181.6 trillion at the end of 2025. If that wealth were spread […]
My Children Will Be Better Off Than Me – a series on American values
A cherished part of our national culture has long been the belief that parents can improve their children’s future through better education, hard work, and […]
The K-shaped world we live in – the top 20% are doing well, everyone else, not so good….
My research into the enormous explosion of wealth and income inequality in the US over the past fifty years be summarized as the $79 trillion […]
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 […]
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 […]
A “Decent” Federal Budget?
Paul Krugman, “What a Decent Budget Would Look Like” Paul Krugman’s recent post, “What a Decent Budget Would Look Like – Imagining a Congress that […]
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 […]
What is financialization and why does it matter? – part 3
Changes in Economic Policy and Regulation In two earlier posts, “What is financialization and why does it matter? – part 1” and “What is financialization […]
Economists Are in the Wilderness. Can They Find a Way Back to Influence? – from the NYTimes
Ben Casselman wrote this piece in the 1.10.2025 NYTimes: “Economists Are in the Wilderness. Can They Find a Way Back to Influence?” The article cites […]