July/August 2013

Zapping Labor: The Sharp Rise of Income Inequality Initiated in the Early 1980s

How Federal Reserve policies, the recession they triggered, and broader political and economic changes weakened workers’ power and helped usher in an era of extreme inequality.

Black-White Income Differences: What’s Happened?

By Arthur Macewan

Dear Dr. Dollar: We know U.S. income inequality has increased. But what’s happened with Black-White inequality? Read more »
Pursuing Profits—or Power?

By James K. Boyce

Do corporations seek to maximize profits? Or do they seek to maximize power? Read more »
Frackonomics

By Rob Larson

Hydrofracking turns out to be an ideal vehicle for explaining key economic concepts of market failure and market power. Read more »
Collapsing Investment and the Great Recession
By Gerald Friedman

Investment in structures and machinery is one of the ways that an economy grows over time. But it’s not happening in the current “recovery.” Read more »
Beyond Debt and Deficits
An Interview with Robert Pollin

One of the authors of the paper that took down Reinhart and Rogoff talks to us about debt, austerity, growth, and why we need a wage-led recovery. Read more »