The growing inequality of the last three decades rests on a flim-flam economic perspective on how the world works. But neutralizing this flim-flam, even in an Obama Age, will be no pushover. A review of The Big Con: The True Story of How Washington Got Hoodwinked and Hijacked by Crackpot Economics by Jonathan Chait.
To overcome the global economic meltdown all around us, this British economist reminds us, we need to go back to the future — back to becoming a society that values greater equality. A review of Super Rich: The Rise of Inequality in Britain and the United States by George Irvin.
This noted progressive economist saw the crash coming. He sees a solution, too — if we’re willing to confront concentrated wealth. A review of Obama’s Challenge: America’s Economic Crisis and the Power of a Transformative Presidency by Robert Kuttner.
No two-bit burglars could have possibly pulled this enormous job off. Making America staggeringly unequal took the coordinated effort of an entire corporate elite. A review of The Confiscation of American Prosperity: From Right-Wing Extremism and Economic Ideology to the Next Great Depression, by Michael Perelman.
In their rush for jackpots, America’s top corporate executives are doing intolerable damage to enterprise well-being. Who says? America’s professionals! A review of Love the Work, Hate the Job, by David Kusnet.
During World Wars I and II, lawmakers asked all Americans, even the rich, to sacrifice. Here in the 21st century, the rich get tax breaks during war-time. What happened? A review of War and Taxes by Steven Bank, Kirk Stark, and Joseph Thorndike.