Artificial intelligence will take some workers’ jobs. But, whose exactly? Not the poorest. Not the richest. Yup, those in the middle. Continue reading Will Artificial Intelligence Lead to a Second Great Polarization?
Thanksgiving is a magical time of food, family, and…relatives debating politics? Be prepared with the facts on economic inequality from my new book. Continue reading Get Ready for Thanksgiving Debates with 6 Simple Facts
Executive pay has outgrown wages over the last three decades. One reason: the tendency for the number of stock options to stay at rest from year to year.
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Continue reading Why has Executive Pay Grown by so Ridiculously Much? Inertia Doesn’t Help.
Fighting inflation is an important duty of the Federal Reserve. But, the pain of that fight is far from equal.
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Inflation was a big topic in 2021. But how damaging inflation is to workers depends on a race between it and wages. Continue reading Who Won the Race Between Wages and Inflation?
You’d think food delivery drivers would see huge increases in earnings during the pandemic, as demand increased. But, you’d be wrong. Why? Elasticity. Continue reading Elasticity: It’s for More than Just Socks
Have we had a “V-shaped” Recovery? Would you accept V-ish? Continue reading To “V” or Not to “V.” Is this a V-Shaped Recovery?
We’d like to think that when our economy grows, that we all see that growth. But, that isn’t what’s happening. Continue reading You’ve Been Screwed by Inequality Too.
Does globalization also contribute to rising inequality in the U.S.? Its complicated. Continue reading Does Globalization Increase Inequality?
Machines are good at routine tasks. This fact has spelled trouble for middle-income workers. Continue reading Polarization and the Falling Middle
