Issue 307
Dear Dr. Dollar: Black-White Income Differences: What’s Happened?
There is a great deal of awareness of the general increase of income inequality in the United States. But what's happened to the income inequality between African Americans and European Americans ("Black-White" inequality)?
Pursuing Profits--or Power?
Do corporations seek to maximize profits? Or do they seek to maximize power? The two may be complementary--wealth begets power,
Collapsing Investment and the Great Recession
Investment in real inputs--structures and machinery used to boost future output and productivity--is one of the ways that an economy