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Washington pre-occupied

The biggest question in America these days is how to revive the economy. The biggest question among activists now occupying Wall Street and dozens of other cities is how to strike back against the...

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How bad is ‘European’?

GOP Presidential candidate Mitt Romney has been, as have other GOP candidates, castigating President Obama for presumably wanting to “Europeanize” the United States. On January 6, 2012, for example,...

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A cost of inequality: growth

A recent story in The New York Times, back in its business section, had important news about inequality: “Income Inequality May Take Toll on Growth.” A couple of economists at the IMF reported research...

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Inequality update

Inequality has become the new hot topic over the last several years – in the media and in the research community. This post briefly reports several recent studies of inequality that tell us what’s been...

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Innocent Bystanders? Monetary Policy and Inequality in the U.S.

Recent popular demonstrations such as the Occupy Wall Street movement have made it clear that the high levels of inequality in the United States remain a pressing concern for many. While protesters...

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