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US Inequality: The Economics of Nastiness
By Michael J. BrennerAmericans are systematically lulled into believing that inequality is an unalterable fact of life.For all the mystery that currently surrounds the issue of inequality, at least in...
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What Comes After the Second Gilded Age?
By Bill HumphreyStagnation and inequality could lead to a Second Progressive Era in the United States – or something far more dangerous instead.One of the latest fads in the U.S. capital is to state...
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An Impending Yellow Vest Moment for the US?
By Eric BovimFrance has been gripped by them, but the yellow vest movement has so far failed to take hold elsewhere. Could the United States be next?France has been gripped by them, but the yellow vest...
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The World’s Millionaire Stock Is on the Rise
By The GlobalistThe world's "millionaire club" grew faster than most economies in 2013.1. Altogether, there were 13.73 million millionaires in the world in 2013, compared to 11.97 million in 2012. 2....
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The World Bank: The Data Gatherer That Did Not Gather Data
By Bernard WasowThe World Bank subtly dodges debate about income inequality in rich countries.Any good servant knows to steer clear of family fights. Why should this be less true of public servants? So...
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Reining in Corporate Tax Evasion
By Uwe BottA win-win for the U.S. economy.The most innovative part about this age-old problem is the ever-changing vocabulary that has been created to describe it. Tax evasion has become tax...
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Can China Maintain Social Peace?
By John WestChina’s young people feel under intense pressure. China’s youth is experiencing growing frustrations. The government will have to do more to maintain social peace. Also: The Globalist’sTop...
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9 Facts: Africa’s Middle Class
By The GlobalistFor all the recent hype, inequality and joblessness stifle the dynamic growth of Africa's middle class.1. Between 1980 and 2010, Africa’s middle class almost tripled in size — from 115...
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7 Facts: Household Wealth in Black America
By The GlobalistThe wealth gap between whites and blacks has reached record levels.1. As of 2011, the median household in the United States had $68,828 in net wealth. 2. The median white household in...
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9 Key Facts: Black-White Wage Gap in the United States
By The GlobalistSince 2000, the wage gap between white and black Americans has increased dramatically.1. In 1980, a decade and a half after the passage of the Civil Rights Act of 1964, the median...
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African Americans: The State We’re In
By The GlobalistTime for action: Black America's sad balance sheet 50 years after major civil rights reform.Fifty years ago, U.S. President Lyndon B. Johnson signed the Civil Rights Act of 1964 into...
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Piketty on Immigration
By The GlobalistWhy aren't poor Americans more up-in-arms over rising levels of income inequality?No one seriously doubts that income and wealth inequality in the United States have risen dramatically...
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The Globalist’s Top 10 Features on African Americans
By The GlobalistA selection of the best features on African Americans published by The Globalist in 2014. br>[ 1 ] America’s Police: Preparing Urban Warfare By Johanna Mendelson Forman | What...
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Footloose Capital Drives Up Income Inequality
By Prakash LounganiEliminating capital controls leads to more income inequality at home. A bit of history for background: In June 1979, shortly after winning a landmark election, Margaret Thatcher...
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Free Trade and Moral Hypocrisy
By Jeff FauxU.S. elites claiming moral superiority by demanding that other people do the sacrificing on trade issues is unprincipled hypocrisy.The bipartisan U.S. trade policy of the last 20 years, if...
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Can Inequality Be Reduced?
By Branko MilanovicWhat are the realistic options to tackle the scourge of crass inequality in rich welfare states?The 20th century is the only sustained period in history when rising mean incomes have...
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Aspen: A Midsummer Night’s Dream?
By Stephan RichterWhy did all the brainpower assembled at Aspen have no solutions to the United States' biggest problems?If you have never been to Aspen, go. It’s a beautiful place. Most of the people...
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Inequality à la San Francisco: A Warning for America’s Future
By Alexei BayerKarl Marx and the dark side of the tech revolutionIt was almost two centuries ago that Karl Marx stated that the wealth of nations is controlled by those who own the means of production....
View ArticleU.S.: No Land of Opportunity
1. The United States is often perceived, by reputation, as the economically most dynamic of societies. 2. Accordingly, people should be able to advance independent of the wealth of their parents...
View ArticlePoland’s Economic Destiny: Middle-Income Trap?
In 2016, Mateusz Morawiecki announced his grand plan “Strategy for Responsible Development,” which was accepted as the Polish government’s official economic strategy in 2017. Since that time, the...
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