Tagged: inequality

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Wages, Productivity, and Inequality

by Jesse “Inequality is a euphemism, a kind of shorthand, for all of the things that have gone to make the lives of the rich so much more delicious, year on year, for the...

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Professor Joseph Stiglitz : Inequality is killing America. Employee income is lower than before, suicides, drugs and alcoholism is rising. Life expectancy is now going down for middle-aged white Americans.

This week, Angus Deaton will receive the Nobel Memorial Prize in Economics “for his analysis of consumption, poverty, and welfare.” Deservedly so. Indeed, soon after the award was announced in October, Deaton published some...