Inequality and Privilege

Mickey Kaus writes in the Wall Street Journal, The Other Kind of Inequality.  (may require a paid subscription to enact link) Excerpt: Social equality—”equality of respect,” as economist Noah Smith puts it—is harder to measure than money inequality. But...

Convenient Inequality

James Pethokoukis writes Obama’s big inequality speech: short on facts and vision in the AEIdeas: excerpt: Here’s the bottom line: America’s pro-market turn some three decades ago reversed what then seemed like unstoppable national decline. (Nations that didn’t make...

The Entrepreneurial Deficit

In a couple of postings I have written on what seemed to be a bifurcated economy: publicly traded large firms and large private firms seem to be doing OK, but smaller privately held firms are not.  In my narrow window on the world I have seen many small businesses...