The destruction of the middle class Archives - Page 111 of 191

The Evidence Is Clear: Population Growth and Prosperity Are NOT Linked

An in-depth analysis of why the assertion that more population growth promotes higher living standards is bunk.

Salvation Army Slams New Zealand’s Loose Immigration Policy for Hurting Local Workers

Immigration is a hot topic in the antipodes too, for much the same reason as in the US….the impact on jobs and wage rates.

Trump, Clinton, Obama and the TPP

How much-derided “populism” has revealed some ugly truths about the TPP, leading Clinton and Obama to try to reposition themselves.

How the Housing Bubble is Remaking Australia’s Class Structure

How the housing bubble is restructuring Australian society. Are the same patterns emerging in your country?

Social Democracy, the “Third Way,” and the Crisis of Europe, Part 3

A discussion of why the center-left failed to revive in Europe after the crisis. Some of the reasons apply to the US as well.

Economic ‘Recovery’ Feels Weak Because the Great Recession Hasn’t Really Ended

We are not in a recovery and we’re not really in a traditional recession. People think of a business cycle, which is a boom followed by a recession and then automatic stabilizers revive the economy. But this time we can’t revive.

Piketty’s Rising Share of Capital Income and the US Housing Market

The rising share of income accruing to housing is a key feature of the changing US income distribution. This column examines the determinants of this phenomenon. The rise occurred due to an increasing share of income accruing to owner-occupiers through imputed rent, it is concentrated in states that are constrained in terms of new housing supply, and it is closely associated with the long-run decline in real interest rates and inflation.

The CETA Trade Pact Will Add to the Groundswell of Discontent: Why We Need More Informed Decision-Making

Why citizens are correct to be worried about trade deals like CETA and the TTIP.

Gaius Publius: A Clinton Speech to Millennials That Will Work

What Clinton needs to do to win Millennials.

Social Democracy, the “Third Way,” and the Crisis of Europe, Part 1

The birth of the Third Way —a turn away from class-struggle politics and a compromise with neoliberaism—and how it shaped the Eurozone.

Wolf Richter: “Negative Growth” of Real Wages is Normal for Much of the Workforce, and Getting Worse – New York Fed

The Fed ‘s creative euphemisms for how real wages are sinking for many won’t keep threats like Trump at bay.

The Nobel Prize in Economics: How It Took a Hard Neoliberal Turn

How the so-called Nobel Prize in economics came to validate neoclassical thinking, even as it failed in Sweden.

Fearless commentary on finance, economics, politics and power

Category Archives: The destruction of the middle class

Salvation Army Slams New Zealand’s Loose Immigration Policy for Hurting Local Workers

Trump, Clinton, Obama and the TPP

How the Housing Bubble is Remaking Australia’s Class Structure

Social Democracy, the “Third Way,” and the Crisis of Europe, Part 3

Economic ‘Recovery’ Feels Weak Because the Great Recession Hasn’t Really Ended

Piketty’s Rising Share of Capital Income and the US Housing Market

The CETA Trade Pact Will Add to the Groundswell of Discontent: Why We Need More Informed Decision-Making

Gaius Publius: A Clinton Speech to Millennials That Will Work

Social Democracy, the “Third Way,” and the Crisis of Europe, Part 1

Wolf Richter: “Negative Growth” of Real Wages is Normal for Much of the Workforce, and Getting Worse – New York Fed

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