Vassili K
Don't blame the rich, blame the stinking rich
A post on The Economist takes issue with a recent study on the growing income inequality in the United States. It contends, citing research by Robert Gordon of Northwestern University, that there was no increase of inequality after 1993 in the bottom 99 per cent of the U.S. population. Mr. Gordon says it "can be entirely explained by the behavior of income in the top 1 per cent."
An economist, please
Paul Krugman of The New York Times raises the alarm bells over reports that the White House might choose might choose a U.S. CEO to become President Barack Obama's chief economic adviser.
Culture and the engine of growth
VoxEu takes a look at the relationship between individualist and collective societies and agues that countries with a more individualist culture have enjoyed greater economic growth in the long run.
Stop worrying, and learn to love the national debt
James K. Galbraith writes in the Atlantic that everyone is panicing over the size of the U.S. national debt - except Uncle Sam's lenders.