wealth inequality

Prosperity = Abundant Work + Low Cost of Living

An economy that only serves the prosperity of the protected top 5% is an economy doomed to rising inequality, stagnation and widespread social discontent. If we seek a coherent context for the new year, we would do well to start with the foundations of widespread prosperity. While the economy is a vast, complex machine, the…

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American Wages Have Actually Been Falling for 46 years

It’s widely known by now that America has a serious wealth inequality crisis, and there is an abundance of evidence to support that assertion. While the wages of the top 1% of wage earners has risen by over 150% since 1979, the wages of the bottom 90% have only risen by 17.1% in that same…

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