Tag: income inequality

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The False Economy

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On May 21, 2019

Yes, unemployment rates are low. There are jobs for most people who want them. But this has not really budged the national worry over income inequality and the widespread belief that the economy does

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Mike Duncan has a sobering piece in Made by History this week on lessons from the fall of the Roman Republic. In 146 B.C., Rome completed its conquest of both Greece and Carthage and emerged as the most dominant power in the Mediterranean. There was no power left to challenge the legions, and over the […]

The New Gilded Age

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On July 23, 2018

The latest Economic Policy Institute report on the New Gilded Age is out and it is a go-to resource on income inequality. From the executive summary: In 2015, the top 1 percent of families in the U.S.

Life in Texas

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On February 19, 2017

Now that the entire nation is on the road to becoming Texas, let’s see what life is like in the Lone Star Republic. Texans Carlos Santiago and Mary New, who both went from local schools to caree

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Of course growing inequality is not inevitable. Robert Kuttner: But can we ever get that back? Of course we can—the obstacles are political, not economic. We could have much higher minimum wages. We could stop the union-bashing. We could restore a brand of globalization that promotes rather than undermines national social standards. We could invest […]

CEO Tax

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On December 27, 2016

This is an interesting approach to grotesque CEO pay in the New Gilded Age. In Portland, Oregon, lawmakers aren’t holding their collective breath. In a move that made international headlines, Portla

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Even where the minimum wage has risen significantly, it is not a living wage. That must change, not that it will on a national scale any time in the near future. A new report from the People’s Action Institute explores this: In 42 states and in Washington, D.C., the living wage for a single adult […]
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