No Matter How You Look at It, the Big Beautiful Bill is a Monstrosity
Here are three views of the bill's horrific distributional consequences.
36 articles
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James Galbraith Tells Us What Everyone Needs to Know About Inequality
By Polly Cleveland Inequality has surged in the U.S. over the last forty years; many observers now blame the
David and Goliath, or Why the One Percent Has to Rig the System
By Polly Cleveland Malcolm Gladwell’s bestseller, David and Goliath, asks how and why the weak win far more often
John Perkins' New Confessions of an Economic Hit Man
By Polly Cleveland In 1946, when I was a year old, my father hung up his Navy uniform and joined
Dead Empires: How China May Overtake the U.S.
By Polly Cleveland “The earth is the tomb of dead empires, no less than of dead men.” Thus wrote the
Piketty’s Model of Inequality and Growth in Historical Context, Pt 2
Part II: The Neoclassical Response to the Classical Theories of Inequality and Growth Mason Gaffney has shown how many individuals
Piketty’s Model of Inequality and Growth in Historical Context, Pt 1
In Thomas Piketty’s doomsday model, slowing of growth in the twenty-first century will cause an inexorable increase in inequality.
The Mouse That Wouldn't Die: How a Lack of Public Funding Holds Back a Promising Cancer Treatment
Spring 1999. “Professor Cui, this mouse didn’t get cancer. Should I get rid of him?” It was a standard
Increasing the Minimum Wage Can Actually Create Jobs—If It's Enforced
Back when I first studied economics, we “proved” in class that a minimum wage causes unemployment. You just draw supply
Taxing Carbon is Like Taxing Diamonds
To reduce carbon emissions, we must tax fossil fuels—but, say the pundits, we can’t do so because the
Restore the Original Wealth Tax
There's an alternative to the drastic cuts in public services state and local officials are proposing: restore the