Our Poverty Myth

Our Poverty Myth

If you’re poor, many Americans think, it’s your own fault. It’s a sign of your own moral failing. I don’t personally believe that, but the idea has roots in our culture going back centuries. In The Wealth of Nations, the foundational work of...
Have We Hit Peak Inequality?

Have We Hit Peak Inequality?

When should we be alarmed about so much wealth in so few hands? The Great Recession and its anemic recovery only deepened the economic inequality that’s drawn so much attention in its wake. Nearly all wealth and income gains since then have flowed to the top...
The Great Fountain-Pen Robbery

The Great Fountain-Pen Robbery

Even the word “greed” isn’t negative enough to characterize the all-out assault on workers by today’s corporate elite. From offshoring jobs to busting unions, and from slashing wages to looting pensions, avaricious executives and wealthy investors...
The Student Debt Time Bomb

The Student Debt Time Bomb

There’s a generational time-bomb ticking — and the student debt crisis is the trip wire. Adults under 35 disproportionately bear the brunt of escalating inequality. America’s educated youth are graduating into an economy with stagnant wages and a torn safety...
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