Rising inequality isn’t about who has the knowledge; it’s about who has the power..

Economists don't usually make good speculators, because they think too much..

Unsustainable situations usually go on longer than most economists think possible. But they always end, and when they do, it's often painful..

The raw fact is that every successful example of economic development this past century ... has taken place via globalization..

Most people, I suspect, still have in their minds an image of America as the great land of college education, unique in the extent to which higher le….

Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t sustainable in ….

The problem with digital books is that you can always find what you are looking for but you need to go to a bookstore to find what you weren't lookin….

So, very early reports are that Obamacare exchanges are, as expected, having some technical glitches on the first day - maybe even a bit worse than e….

Republican candidates had to appeal to their base, which is by and large elderly white people arguing with empty chairs..

Whenever you see some business person quoted complaining about how he or she can't find workers with the necessary skills, ask what wage they're offe….

What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does not need is a….

I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty. I believe in democracy, civil liberties….

Surely I'm not the only person to ask the obvious question: How different, really, is Mr. Madoff's tale from the story of the investment industry as ….

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor dema….

The important thing to understand is that the case for pollution control isn't based on some kind of aesthetic distaste for industrial society. Pollu….

The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth..

Seven habits that help produce the anything-but-efficient markets that rule the world. 1. Think short term. 2. Be greedy. 3. Believe in the gre….

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action..

Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is..

Debt is one person's liability, but another person's asset..

In our country, learned ignorance is on the rise..