The Inequality Machine
American wealth inequality has returned to Gilded Age levels. The political system designed to address it has instead accelerated it. Here is what the data actually shows.
American wealth inequality has returned to Gilded Age levels. The political system designed to address it has instead accelerated it. Here is what the data actually shows.
Americans provide approximately 36 billion hours of unpaid care annually. This labor underpins the entire formal economy. Its invisibility in economic accounting is a choice with political consequences.
States are paying teachers less in real terms than they did twenty years ago. The shortage is not a mystery. It is a predictable outcome of choices made with full knowledge of the consequences.
Every wealthy country is having fewer children than needed to sustain its population. The policy responses have largely failed. Understanding why reveals something important about what people actually want.
The world's primary market-based mechanism for reducing emissions has been revealed as largely fraudulent. Understanding why it failed tells us something important about the limits of financialized climate policy.
The United States pays two to three times what other wealthy countries pay for the same medications. This is a policy choice, not an economic law — and the politics of changing it are more complicated than either party admits.
Both parties have built their immigration politics on fictions. The truth, as usual, is more complicated — and more interesting.