Archived Articles (2011-2013)

The inequality and growth debate is a red herring. It just doesn’t matter. The problem is inequality, and its solution is simple. READ MORE

May 19, 2013

The Great Recession has widened the gap between the developed world’s affluent and everyone else, details a new report from researchers at the Paris-based OECD. In fact, inequality increased more in the three years after the global crisis first hit in 2007 than in the previous 12 years. READ MORE

May 19, 2013

How can sales of super-luxury cars grow at super-fast rates during a recession? The answer is simple: it’s not a recession for everyone. READ MORE

May 3, 2013

Following on the heels of the 2008 global financial crisis and the associated spike in government borrowing in Europe and the United States, the Reinhart-Rogoff paper quickly became a touchstone for the small-government crowd. Austerity is the order of the day. Reinhart and Rogoff are its prophets. READ MORE

April 26, 2013

Greed is not good, and high inequality is making all of us greedier than we should, or could, be. READ MORE

April 20, 2013

Call it vote-buying if you want, but when a government effectively buys the votes of 80 or 90 percent of the population, I call that government of the people, by the people, for the people. READ MORE

April 4, 2013

The corrupting influence of inequality isn’t confined to politics. It is everywhere. READ MORE

March 29, 2013

To make bank depositors pay for a bank bailout is sheer robbery. There is no other word for it. READ MORE

March 24, 2013