Trump’s Bifurcated Economy
The labor market, economic growth, and the stock market part ways in today’s ever-more unequal economy.
71 articles
Economists, the Trump Tariffs, and Alternatives
One should not jump from the condemnation of Trump’s tariffs by economists (and others) to an acceptance of free trade as a key to economic progress.
Mamdani, Affordability, and Inequality
The costs of housing, food, childcare, and transportation are one side of the affordability issue, the side where Mamdani might be able to have a direct impact.
Private Equity’s Profit Charade
Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.
The Private Equity Deception
Private equity firms are a risky place to invest and their reported returns can be misleading.
Wages, Employment, and Immigration
Instead of competing with native-born workers for jobs, immigrant workers actually tend to complement native-born workers.
Better Wages and Working Conditions: The Workers Will Come
While many things taught in introductory economics courses are nonsense, it seems to be true that higher wages will attract more workers.
Some Elements of a Progressive International Trade Policy
There are other ways to organize U.S. international trade. The neoliberal free trade of recent decades and the trade restrictions of Trumpian tariffs are not the only options.
Inequality and Climate Change
A couple of relatively obvious facts: One: It’s no secret—rich people and large corporations have a disproportionate share
Race Inequality, Class Inequality
In 1961, Dr. Martin Luther King, Jr. addressed the fourth Constitutional Convention of the AFL-CIO, an overwhelmingly white audience: Our
Interview: The Economic Conditions of Black People in the United States
An interview with Arthur MacEwan
Death and Inequality
Health outcomes and death rates are strongly connected to the large economic inequality that exists in the United States.
The Inflation Reality and the Attack on Wages
Inflation was slow throughout the second half of 2022. Yet you wouldn’t know this from newspaper headlines, statements from