archive

Economic lessons from American history

Thomas W. Volscho (CUNY-Staten Island) and Nathan J. Kelly (Tennessee): The Rise of the SuperRich: Power Resources, Taxes, Financial Markets, and the Dynamics of the Top 1 Percent, 1949 to 2008. Peter K. Enns (Cornell), Nathan J. Kelly (Tennessee), Jana Morgan (Tennessee), Thomas Volscho (CUNY-Staten Island), Christopher Witko (SLU): Conditional Status Quo Bias and Top Income Shares: How U.S. Political Institutions Benefit the Rich. Inequality and Its Perils: Emerging research suggests that the growing gap between rich and poor harms the U.S. economy by creating instability and suppressing growth. Jacob S. Hacker on the institutional foundations of middle-class democracy. Feast of fools: Lewis H. Lapham on how American democracy became the property of a commercial oligarchy. Maureen Tkacik on the radical right-wing roots of Occupy Wall Street. Ranjit S. Dighe reviews Land of Promise: An Economic History of the United States by Michael Lind (and more). John Steele Gordon, author of An Empire of Wealth: The Epic History of American Economic Power, on economic lessons from American history.