Monthly Archives: May 2014

Denial Is A River On Wall Street

A colleague tried to corner me, saying: “You have to admit, the economy is doing pretty good, right?” It amazes me what people will say in the face of overwhelming data to the contrary. The first quarter of 2014 yielded … Continue reading

Posted in Economics, Political Economy, Wages | Leave a comment

The Shadow of the Invisible Fist

Most Economists agree that income inequality is bad. What almost none of them can say is WHY it’s bad, not even mentioning negative externalities. This is where some Sociology comes in, and can shed light revealing the shadow of Adam … Continue reading

Posted in Economics, Labor, Poverty, Race, Sociology | Leave a comment