Tag Archives: Income inequality

A Greater Lawlessness—Self Interest vs. The Common Interest

Popular Economics Weekly Are we at the beginning of an era of Greater Lawlessness, or nearing the end, with the greatest law breaking we may have seen in our lifetime? And are we at the beginning or end of the … Continue reading

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Let’s Make America More Equal Again!

  Popular Economics Weekly As defeated Democrats mull over what slogan can equal or overcome President Trump’s “Make America Great Again”, I have a suggestion, one that might even enthuse populist Republicans. Let’s make American more equal again, just as … Continue reading

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Who Are the Homeowners?

The Mortgage Corner The Atlanta Federal Reserve Bank just published a housing study entitled, “It’s Not Just Millennials Who Aren’t Buying Homes,” that breaks down homeownership by age and household status. And the results show that age and whether one … Continue reading

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What Happened to Link Between Profits and Productivity?

Popular Economics Weekly What’s the link between profits and productivity, on which economic growth is based? It has broken down of late, so that profits of many businesses and whole business sectors are no longer used to enhance productivity. And … Continue reading

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Middle Class Finally Gets A Raise

Popular Economics Weekly A new rule announced by the Obama administration will, effective December 1, double the overtime-pay salary threshold and set it to automatically increase every three years. It’s about time. The salary of employees has been diminishing since … Continue reading

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Who Opposes Overtime Pay Increase?

Financial FAQs That’s a no-brainer—Republicans in Congress, of course. Who else would oppose updating the safeguards against working more than 40 hours without overtime pay, part of the New Deal that President Roosevelt called the most important part of the … Continue reading

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How Extreme is Bernie’s Economic Vision?

Popular Economics Weekly Major progressive economists are protesting Bernie Sanders predictions of robust economic growth and jobs if his policies are enacted. What are his policies? Policies he claims will give Americans what the other developed countries already offer to … Continue reading

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How We Lost Our Middle Class

Financial FAQs We now have an even better reason to lament the decline of our middle class. New research by this year’s Nobel Prize winner in the Economic Sciences, Princeton Econ Prof Angus Deaton and his wife Anne Case, have … Continue reading

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What Should Yellen’s Fed Do?

Popular Economics Weekly The big question hovering over the markets (both stocks and bonds), is whether the Federal Reserve will finally begin to raise short term interest rates at next week’s FOMC meeting. Markets are uncertain, and only a few … Continue reading

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Higher Minimum Wage Strengthens Labor Unions

Popular Economics Weekly Unions may have been weakened by Republican efforts to abolish labor’s collective bargaining power, (in order to weaken their support of Democratic Party policies), but that may be changing as unions have found a new cause—working to … Continue reading

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