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Research & Commentary

From academics to activists, thoughtful people worldwide are focusing their attention on economic inequality as never before.

To Grow the Realonomy, Tax and Spend

February 9, 2012 /

by Salvatore Babones

Low taxes mean high growth, and a rising tide lifts all boats.  Don't tax the job-creators.  Money trickles down from the rich to the poor. We’ve been hearing arguments like...

Income Maldistribution, Windbags, and Worse

February 5, 2012 /

by Sam Pizzigati

Psychologists have been tracking the phenomenon of 'biased self-perception' for years now. But new research suggests that they've been blaming the wrong social culprit. People quite full of themselves populate...

Outrageous Bonuses for Federal Workers

February 2, 2012 /

by Salvatore Babones

Members of the US House of Representatives -- Republicans and Democrats alike -- seems to think that federal workers are overpaid.  They voted 309-117 to freeze the salaries of federal...

What’s Holding Back the US Economy?

January 27, 2012 /

by Salvatore Babones

The headline figures say that real gross domestic (GDP) product grew at an annualized rate of 2.8% in the fourth quarter of 2011 (October through December).  This is good news. ...

When Does a Recession Become a Depression?

January 26, 2012 /

by Salvatore Babones

The US economy officially went into recession in December 2007.  The recession supposedly lasted eighteen months.  By July 2009 the economy was growing again. Well, at least the Plutonomy was...

Can Bossy Billionaires Now Boss Forever?

January 23, 2012 /


Changes in state tax laws now encourage America's awesomely affluent to create 'perpetual' trusts. The new laws and new technology, legal scholars warn, now allow the 'dead hand' of the...

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