archive

Inequality matters

The economic populists have it right: Paul Krugman on why inequality matters. John Sides on how the filibuster has helped create income inequality: Anti-majoritarian rules and gridlock complicate Obama's fight against economic inequality. There are really no arguments left that are actively on the side of high inequality aside from simpleminded libertarian fantasies that economic capitalism is neutral by definition, and therefore everyone automatically gets what they deserve. Matthew Yglesias on ten theses on growth, employment, and inequality, and on capital inequality — it's bigger and a bigger deal than labor inequality. Just two sentences make Americans as pro-welfare as Danes: A social science experiment suggests that attitudes about welfare depend on stereotypes but can be changed by even a small amount of information. Here’s how the safety net has — and hasn’t — reduced poverty in the U.S. Of course the safety net redistributes income — that’s why it works. Should we raise the minimum wage? Jordan Weissmann on 11 questions and answers. Is service work today worse than being a household servant? David Cay Johnston investigates. Kathleen Geier on what social science says about the impact of unemployment on well-being: it’s even worse than you thought. There is neither coast nor interior, nor border, nor breed, nor birth: Brad DeLong on Victor Davis Hanson, who sits in a plutocrat-funded coastal institution that for 54 years has been waging an intellectual war — with considerable success — to make America more unequal, with a smaller and less effective government.