There’s a rapidly widening gap in the distribution of income and wealth. The latest census data depict a collapsing middle class (this video) details how it happened and its ramifications), high underemployment, low (and declining) labor participation, and rising outlays for disability, food stamps and low-income tax credits. Alarming as … Continue reading
Category Archives: Inequality
Poverty and Wealth
“The first man who, having fenced in a piece of land, said “This is mine,” and found people naïve enough to believe him, that man was the true founder of civil society. From how many crimes, wars, and murders, from how many horrors and misfortunes might not any one have … Continue reading