Tag Archives: income inequality

FT: Obamanomics Failed, but Don’t Blame Obama

In a Financial Times column titled “The riddle of black America’s rising woes,” Edward Luce spins a convoluted alibi to absolve Barack Obama of his egregious policy failures. He may have been President for the past six years, and Democrats … Continue reading

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The Poverty and Inequality Party

Between 2001 and 2008 it was impossible to discuss economic issues with a liberal without getting a stentorious sermon about the evils of the “Bush tax cuts for the rich” and the resulting surge in income inequality. Now the Bush … Continue reading

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The Digital Revolution vs. the Industrial Revolutions

Lately economists have been comparing today’s digital revolution to the first industrial revolution (1790-1860) and the second (1870-1930).  This granular, micro-economic analysis is a welcome respite from the absurdly abstract macro parlor games played by Keynesians and their adversaries.  Three … Continue reading

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Revolt Against the Elites

Something big and fundamental is happening in America—a broad-based revolt of ordinary citizens against Washington elites, left and right.  Elite arrogance and ineptitude across a multiplicity of issues has provoked the unwashed masses beyond the Beltway.  Let us count the … Continue reading

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Implications of a Part-Time America

Economists are slowly, belatedly noticing how Obamacare will shift the U.S. labor force toward part-time work, something I have been writing about for a few years.  The obvious avenue is the 50/30 rule–employers must provide insurance if they employ 50 … Continue reading

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It’s Time to Address Climate Change, Governor Cuomo

In an October 31 media briefing on Hurricane Sandy, New York Governor Andrew Cuomo linked the storm to climate change:  “For us to say this is once-in-a-generation, that it’s not going to happen again, as elected officials that would be … Continue reading

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