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Commentary & Opinion

Commentary & Opinion

August 5, 2015 The Winners And Losers Of Free Market Capitalism

Source: Forbes

Everyone knows there are winners and losers when capitalism is functioning at its best. Capitalist hardliners say that “the winners are those who are honest, industrious, thoughtful, prudent, frugal, responsible, disciplined and...

June 3, 2015 Don’t blame the Fed for widening inequality. Blame Congress

Source: Gant Dailt

Put the pitchforks down. Blaming the Federal Reserve for America’s widening income inequality isn’t fair. Yes, income inequality is a major problem, one that was worsened by the Great Recession and the sluggish recovery.

June 2, 2015 The Economic Syndrome that Dares Not Speak its Name:

Source: Larry Checco

Fifty years ago LBJ launched his Great Society, a set of domestic programs the main goal of which was to eliminate poverty and racial injustice in America.[more]

May 29, 2015 LA's $15 Minimum Wage Isn't Going To Work: It's Just Too High

Source: Forbes

This is really rather fascinating. We can view it in a number of ways. Perhaps as a study in how economic research becomes co-opted to support a particular political line. How we tend to get told the details of what people are...

May 1, 2015 How Government Works To Help The Rich And Not You

Source: Huff Post

The issue of big money in politics is receiving increased attention as the country barrels toward a presidential election cycle where all spending records are expected to be smashed. Democratic presidential candidates Hillary...

April 23, 2015 The Big Mac Test Shows That The Job Market Is Working Just Fine To Distribute Wealth

Source: Forbes

“Some 15 years ago, searching for a consistent way to compare wages of equivalent workers across the world, Orley Ashenfelter, an economics professor at Princeton University, came upon McDonald’s.

April 7, 2015 The American people are clueless: Why income inequality is so much worse than we realize

Source: Salon

In a candid conversation with Frank Rich last fall, Chris Rock said, “Oh, people don’t even know. If poor people knew how rich rich people are, there would be riots in the streets.” The findings of three studies, published over...

March 27, 2015 Guess What's Destroying the Middle Class?

Source: Bloomberg

Perhaps the biggest question in American political economy right now is why middle-class wages have been falling. There are three main hypotheses. Roughly, these are: Robots, unions and China.

March 6, 2015 Misleading Gender Pay Gap Statistics For International Womens' Day

Source: Forbes

That there is a difference between pay for men and pay for women is true. And it’s also true that we’d like to work out why this is happening. Only once we know what is happening and why can we then try to make policy decisions...

February 23, 2015 It’s Morning, Again, in America...

Source: Larry Checco

To hear many politicians, pundits and financial analysts tell it, it’s morning again in America. The stock market is at record highs. Corporations are sitting on trillions of dollars in cash (Apple, alone, has US $178 billion in...[more]

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