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 […]
Inequality
Wealth Inequality in the US
a fifty-year view. One of the central perspectives of my forthcoming book The Silent Theft: the $79 trillion heist that rewrote the American economic deal […]
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 […]
Insecurities for the Bottom 90% of the US Population – part 1
We have written at some length about the flatlining of income growth for the bottom 90% of the population since 1980 and the transfer […]
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 […]