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Research & Commentary

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

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...

The Realonomy Explained

January 12, 2012 /

by Salvatore Babones

In 2005 Citigroup stock analysts Ajay Capur, Niall Macleod, and Narendra Singh had an incredible insight. Once upon a time GDP growth meant that the whole economy improved.  But in...

The Biggest Tax Cut of All

January 9, 2012 /

by Salvatore Babones

Between the 1950s and the 2000s marginal taxes on the wealthiest Americans have fallen from 90% to 35%. As late as 1982 the top marginal tax rate was still 50%,...

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