BLOG… Post #12: Some Footnotes on Inequality 3 Apr 201427 Feb 2017 Readers have raised issues related to the two previous posts on inequality. Here are my responses: 1. Definitions of middle and upper class. There are economists' answers and sociologists' answers,…
BLOG… Post #10: Inequality: Pretense and Reality, Part 2 28 Mar 201427 Feb 2017 Let’s not forget to keep an eye on another place where inequality is being abetted. The outstanding economist Joe Stiglitz has written a powerful critique of the Trans-Pacific Partnership, which…
BLOG… Post #9: Inequality: Pretense and Reality (Part 1) 28 Mar 201427 Feb 2017 The managing director of the International Monetary Fund, Christine Lagarde, has recently come out against rising income inequality. Imagine, a leading figure in global finance actually acknowledged that “rising inequality…