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
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 […]
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 […]
American Compass – their conservative economics get it right, mostly
American Compass is a self-described think tank for conservative economics. From its Mission Statement page: “We are developing the conservative economic agenda to supplant blind […]
35 Years of Wage Stagnation and Middle-Class Life in the US – a concrete example
For the period between the end of WWII and 1979 there was productivity growth of ~ 55%. That means that for an hour’s work, the […]
Book Review – Revolt of the Rich: How the Politics of the 1970s Widened America’s Class Divide by David Gibbs
Neoliberalism is the word most frequently used by commentators and academics when discussing the changes in the US economy over the past 50 years. For […]