The destruction of the middle class Archives - Page 132 of 211

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.

Income Inequality in a Globalising World

Absolute inequality around the world has increased, challenging the purported benefit of globalization.

Backlash Against Trade Deals: The End of U.S.-Led Economic Globalisation?

Why the backlash against the overreach of US trade deals, as embodied by the TPP and TTIP, is well warranted.

Michael Hudson: Celebrating the One Percent – Is Inequality Really Good for the Economy?

The backlash has begun. Prominent economists are upping their game in trying to depict the gains of the One Percent as virtuous and beneficial.

Wolf Richter: That 5.2% Jump in Household Income? Nope, People Aren’t Suddenly Getting Big-Fat Paychecks

The much-ballyhood 5.2% gain in household income doesn’t square with other data….and the details aren’t as pretty as the headline either.

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Category Archives: The destruction of the middle class

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

Income Inequality in a Globalising World

Backlash Against Trade Deals: The End of U.S.-Led Economic Globalisation?

Wolf Richter: That 5.2% Jump in Household Income? Nope, People Aren’t Suddenly Getting Big-Fat Paychecks

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