Sunday, May 26, 2013

The Real Numbers: Half of America in Poverty -- and It's Creeping toward 75%

The Census Bureau has reported that one out of six Americans lives in poverty. A shocking and despicable figure, to say the least. The extent of deprivation, however, is much (much) worse - see here.

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Inequality and Stagnation by Policy Design

By Thomas Palley (guest blogger) This paper argues the mainstream economics profession is threatened by theories of the financial crisis a...