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.
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.
In Britain, top Conservative Party leaders are now sounding the alarm about their nation’s growing gap between rich and poor. But the UK’s wealthy have little reason to really worry.
Who’s going to win the White House in November? For America’s super-rich, that’s literally a million-dollar question.
America’s elite political consultants are making millions off the political contributions of average Americans — and doing their best to keep their fellow millionaires happy.