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 have primarily focused their ire on private financial institutions, the Federal Reserve (Fed) has also been one of … More >
Declaring “Water is a Human Right,” hundreds marched in the streets of Detroit on July 18 to protest the city shutting off water services for thousands of residents too poor to pay their utility bills.
Since March of this year, the Detroit Sewage and Water Department (DSWD) has cut off running … More >
As part of his nationwide book tour, French economist Thomas Piketty stopped on campus and in San Francisco last week to speak to overflowing lecture halls. The lecture I attended in San Francisco quickly filled to capacity, and the enthusiasm in the audience was palpable. Piketty’s new book, Capital in … More >
There are enough people guessing what the president will do. This is about what he almost certainly won’t do, but what I would like him to do.
The president has material power without the Congress, and personally, I would like to see him use it. He could issue an executive order … More >
In a recent column in the Atlantic called “Building the Wealth of the Poor and Middle Class,” Noah Smith suggests a few ways to improve the unequal distribution of wealth in America. He notes that “one obvious thing we could do to make wealth more equal is – surprise! -redistribution…Giving the poor … More >
Class issues stood out more in the 2012 presidential election than in previous ones, even more than in 2008. The campaigns invoked, as always, issues of all sorts, but seldom in American politics are the issues of class so prominent as they were this year.
Governor Romney’s personal wealth and how … More >