by Richard Eskow | Apr 24, 2014 | Blog, Economy
When a product sells phenomenally well, as Thomas Piketty's new book is currently doing, popular economic theory says that means one of two things: either it’s filling a substantial unmet demand, or the product is exceptionally well executed. In the case of "Capital...
by Richard Eskow | Apr 23, 2014 | Economy
Inequality is a burning topic among economists, especially since the release of Thomas Piketty’s recent book on the subject. Many are questioning whether this is a temporary period of runaway inequality, or whether we are on the verge of an irreversible collapse into...
by Lynne Stuart Parramore | Apr 22, 2014 | Economy
You would think that by the 21st century, we would know something about what it takes for humans to live fulfilling lives. After all, we’ve witnessed enormous advances in science, psychology, sociology, and related fields over the past couple of centuries. The great...
by Thom Hartmann | Apr 17, 2014 | Economy
There’s nothing “normal” about having a middle class. Having a middle class is a choice that a society has to make, and it’s a choice we need to make again in this generation, if we want to stop the destruction of the remnants of the last generation's middle class....
by Dean Baker | Apr 16, 2014 | Economy
We all owe a debt to Thomas Piketty and his various co-authors for hugely advancing our understanding of income distribution at the top. As a result of their work, we now have a much clearer picture of the big gainers over the last three decades and the process that...
by Isaiah J. Poole | Apr 15, 2014 | Economy
[fve]http://www.youtube.com/watch?v=zytqTSh3oGw&t=10m37s[/fve] Toward the end of the Economic Policy Institute's forum Tuesday featuring economist Thomas Piketty, he was asked what he would consider the most serious consequence of the historic levels of wealth...
