The Last Time Fatcats Tanked the Economy, the Backlash Was Huge. Why Didn't That Happen This Time?
June 02, 2014
From the Populists to the New Deal, political movements have relied on the middle class. Obama has, just barely, helped them stay comfortable enough to stay home.
It doesn't affect his underlying theory.
Every time Francis talks about inequality, the left and the right argue over what he means.
The Conservative Case Against Piketty Is Shockingly Weak
April 29, 2014
Economist warns of consequences from yawning inequality. Conservatives respond: We need to teach tolerance... for inequality.
Some Conservatives Say Income Inequality Is a Good Thing. The Evidence Suggests Otherwise.
April 29, 2014
Thomas Piketty has highlighted “the central contradiction of capitalism.” Some on the right don't see the problem.
Piketty's 'Capital': A Hit That Was, Wasn't, Then Was Again
April 24, 2014
Here's the story of how a 700-page French economics book topped Amazon—and sent a small publisher scrambling.
The Economist Was a Rock Star
April 17, 2014
French economist Thomas Piketty drew Paul Krugman, Joseph Stiglitz, and hundreds of eager fans when he appeared in New York City last night. It's because he has found the most compelling explanation yet for inequality.
Paul Krugman’s 'Big' New Salary Doesn’t Make Him a Hypocrite
April 16, 2014
Paul Krugman will make $250,000 when joins City University of New York to work on inequality issues. Ironic? Nope, just the way things work.
Republicans Suddenly Can't Stop Talking About "Mobility"
February 19, 2014
The unpleasant truth: When the government keeps slashing its safety net, climbing the economic ladder gets harder.
Socialize the Law? First Stop Condescending to Non-Corporate Lawyers
February 06, 2014
In making his case for socialized law, Noam Scheiber implies that lawyers for poor and middle class clients don’t do as good a job as lawyers for rich clients.