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Tag Archives: inequality
The Good Old Days of White Male Corporate Bureaucracies
Bottom Line: Liberals love the 1950s and 1960s when income inequality was far lower than it is today. But the economy of that era was dominated by large, complacent, bureaucratic corporations, employing few women, immigrants or blacks. Dynamic entrepreneurial activity … Continue reading
Green Poverty
The absurd spectacle of the U.S. burning 40% of its corn crop as ethanol during a drought that has sent corn prices skyrocketing exemplifies a broader problem. While professing grave concern about “wage stagnation” and the financial plight of the … Continue reading
Posted in Uncategorized
Tagged environmental regulatiion, inequality, wage stagnation
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Why the Marx Brothers Should Support Romney
I have studied inequality way too much. I once ruined three months of my life sitting in the Boston Public Library in the 1970s, scanning microfilm of the 1875 Massachusetts State Census returns in order to measure wealth inequality. I … Continue reading