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The Fake Frugality of the Fabulously Rich

The Kiplinger’s Personal Finance magazine, a prime American source for advice on all matters money related, has just published a piece fetchingly entitled “Frugal Habits of the Super Rich.” The piece graciously invites readers to meet ten people of substantial means...

Why Should We Tax the Rich?

The orthodoxy that dominates today’s Republican Party — and the ranks of “business-friendly” Democrats — rests on a simple approach to economic policy. Let’s be nice, this orthodoxy holds, to rich people. Let’s be particularly nice at tax time. Let’s keep taxes on...

Getting Granular on America’s Income Distribution

Back in the 1980s, the decade that saw researchers start detailing America’s increasing concentration of income and wealth, flacks for the emerging Reagan economic order disdainfully dismissed the significance of the alarming new data. The United States isn’t getting...

The Wealthy, the Poor, the Vulnerable

In our deeply unequal age, we’ve become accustomed to talking about concepts like income and wealth, affluence and poverty. Researchers at the OECD, the developed world’s official economic research agency, would like to toss another concept into the inequality mix:...

The Big Pharma Family that Brought Us the Opioid Crisis

If the devil wears Prada, what do America’s most destructive drug pushers wear? They wear smiles. The drug pushers we have in mind here have caused hundreds of thousands of deaths, enough fatalities to decrease overall U.S. life expectancy at birth for the last two...

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