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    Economics, Politics / economic theory, plutocracy /

    Irving Fisher and Inequality

    April 28, 2014

    “The real scientific study of the distribution of wealth has, we must confess, scarcely begun. The conventional academic study of the so-called theory of distribution into rent, interest, wages, and profits is only remotely related to the subject. This subject, the causes and cures for the actual distribution of capital and income among real persons, […]

    Commentary, Economics, Politics / economic theory, plutocracy /

    Moving On

    April 23, 2014

    We now live, whether we have grasped that fact or not, in a post-Piketty era. This will seem silly to many of you who have toiled at the coal face of progressive issues for years, but I think it is something worth reflecting on. It isn’t us who need to be convinced. It is all […]

    Commentary, Economics, Politics / economic theory, plutocracy /

    Quote of The Day #7

    April 21, 2014

    “When the preferences of economic elites and the stands of organized interest groups are controlled for, the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.” – Martin Gilens & Benjamin Page, ” Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens, forthcoming this […]

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