"J. Bradford DeLong recalls how the country overcame a previous era of extreme income and wealth inequality."

>"The claim that capitalism is being toppled by a new economic mode comes on the heels of many premature forecasts of capitalism’s demise, especially from the left. But this time it may well be true, and the signs that it is have been _...Read More_

"President Donald Trump did what many people expected and hoped he would do: capitulate and sign the $900 trillion spending and stimulus bill that landed on his desk last week."

"Congress must pass this bill to address the immediate need, but let's be clear: this should be considered a down payment at best."

"Billionaires See Net Worth Skyrocket $584 Billion or 20% Since Beginning of Pandemic In Just 3 Months U.S. Added 29 More Billionaires While 45.5 Million Filed for Unemployment" _...Read More_

"When the United States experienced the collapse of the financial sector in 2008, the federal government took measures that saved banks and stabilized the economy, but it left behind too many others, creating a resentment that festers to _...Read More_

The largely dominant meritocratic paradigm of highly competitive Western cultures is rooted on the belief that success is due mainly, if not exclusively, to personal qualities such as talent, intelligence, _...Read More_

"It is increasingly possible to have a comfortable and rewarding life as a professional economist and never even consider the broad issue of inequality..."

This is madness: “One provision tucked into the federal economic-rescue law increases the amount of deductions companies are permitted to take on the interest they pay on large quantities of debt. Only companies with at least $25 million _...Read More_

Rising inequality is eroding trust in democratic societies and paving the way for authoritarian and nativist regimes to take root, according to a dire new report from the United Nations. UN suggesting countries take measures against income _...Read More_