archive

The rich are getting richer

When might be a convenient time to ask the richest Americans to help solve problems? The rich lack empathy, a study says — and wealth really does go to your head. Rich man, poor man: Can affluence be a form of poverty? Why the rich are getting richer: A review of Jacob Hacker and Paul Pierson's Winner-Take-All Politics. From The Atlantic Monthly, a cover story on the rise of the new global elite; how the recession changed us: Economic disaster by the numbers; and the war against a living wage: Why are politicians attacking unions with good paychecks and benefits while millions are being forced into low-paying jobs? It’s the unions, Jack: Why America’s working class would fare better in a social democracy. Profits are booming — why aren’t jobs? (They're gone overseas.) Ten percent unemployment forever: Why the good news about the economy doesn't necessarily mean that jobs are coming back anytime soon. From The Awl, the 99ers may be the new Tea Party. An interview with Lisa Dodson, author of The Moral Underground: How Ordinary Americans Subvert an Unfair Economy. Jacob Weisberg on Obama's War on Inequality: How he's losing it. The key to economic growth: Even if we could level the domestic playing field, we won’t solve our wage stagnation and inequality problems — redistribution of income appears to be the only answer. Prizewinning Policy: Can Washington get America's economy moving again with cash rewards? Tim Fernholz on five positive economic signs for '11.