Saving Capitalism From a Painful Demise
It is time that we recognize inequality for the negative externality that it is, slowing our productivity growth, roiling our markets with volatility, gridlocking our political system, and starving our economy of willing and able consumers.
Speak Up and Give Back if You Want the Economy to Improve
We celebrate the success of the One Percent, and rightly so. All we ask, especially in this time of giving, is for the compassion, the humility, the shared experience that existed only a few decades ago.
No, Education Isn't Enough to Get You Out of the Ghetto
Ross looks around at his fellow One Percenters and sees their education and assumes that's how they got there. It's like the old joke about the guy who was born on third base and assumed he'd hit a triple.
Why President Obama Is Right to Focus on Inequality
During a period when the economy doubled in size, the total income earned by 90 percent of Americans didn't increase by a single penny. All the gains went to the richest 10 percent.