FOR IMMEDIATE RELEASE St. Louis, MO — The Wicked Problems Collaborative (WPC) is proud to announce the release of our debut offering, “WPC Book 1: What do we do about inequality?” on U.S. Labor Day (9/5/16). The economy isn’t working for most of us. Sure, a few have done exceptionally well in Read more…
Plutocrats and their ideologues like to claim that too equal an income distribution destroys incentives to work and turns us into a “nation of takers.” But a return to the inequality levels of the 1960s would not turn us into Maoist China. In the relevant range of levels of inequality, Read more…
It’s a seemingly nondescript chart, buried in a Harvard Business School (HBS) professor’s academic paper.A rectangle, divided into parts, depicts U.S. wealth for each fifth of the population. But it appears to show only three divisions. The bottom two, representing the accumulated wealth of 124 million people, are so small Read more…