Author, The Way Back: Restoring the Promise of America Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of […]
Britain faces years of sub-par productivity growth if it does not reform housing, education, pensions and infrastructure, according to the IMF, headed by Christine Lagarde Credit: CHRISTOPHER PIKE/REUTERS Britain must make sweeping reforms to pensions, the planning system, infrastructure, education and training, and research and development if it wants to boost economic growth in the years to come, the International Monetary Fund has warned.
Productivity and GDP growth have been relatively weak since the financial crisis, compared to historical levels and relative to other rich economies.
They will stay that way unless serious action is taken.The IMF predicts annual GDP growth […]
India is a country I visit frequently; I long ago fell for its charm, its rich culture and the warmth of its people. Now, there is a vibrancy to its economy to match its undeniable spirit. It is one of the fastest growing in the world with a GDP growth of 7.8 percent (The Economist, 2018) that, in spite of some slowing down, is projected to overtake both the UK and French economies in 2018 and become the fifth largest economy in the world. Latest estimates from the World Economic Forum in Davos indicate that India’s contribution to global […]
Class name : “Inequality and Public Policy”
Taught by: Visiting Assistant Professor of Political Science Matthew Incantalupo
Here’s what Incantalupo had to say about the class: “Inequality and Public Policy” is an exploration of the relationship between policy and economic outcomes in the United States. At a glance, it’s about “who gets what,” but more specifically it’s about how feedback loop,s including political and economic forces, shape access to income, wealth, education, health, and political representation. We take a look at the current state of inequality and policymaking in the United States, the political causes and consequences of economic […]
CA Fwd President and CEO Jim Mayer testifying at Assembly Select Committee on Career Technical Education and Building a 21st Century Workforce hearing in Norco, CA (Credit: Ed Coghlan/CAFwd) There are 5 million—that’s 5 MILLION—Californians who have jobs that pay only minimum wage. As attendees listened to a California Legislature hearing held at Norco College last Friday, another striking fact really jumped out: A sizeable number of those jobs are held by people who are the main wage earner in their households.
“We have plenty of minimum wage jobs. What we need are more living wage jobs,” Assembly Member Sabrina […]
One of the most commonly taught stories American schoolchildren learn is that of Ragged Dick, Horatio Alger’s 19th-century tale of a poor, ambitious teenaged boy in New York City who works hard and eventually secures himself a respectable, middle-class life. This “rags to riches” tale embodies one of America’s most sacred narratives: that no matter who you are, what your parents do, or where you grow up, with enough education and hard work, you too can rise the economic ladder.
A body of research has since emerged to challenge this national story, casting the United States not as a meritocracy […]
Studies show that in the long run, more inequality means less wealth for everyone. Over the past 40 or so years, the American economy has been funneling wealth and income, reverse Robin Hood-style, from the pockets of the bottom 99 percent to the coffers of the top 1 percent. The total transfer, to the richest from everyone else, amounts to 10 percent of national income and 15 percent of national wealth.
It’s part of a massive concentration of wealth and income among the rich that has put the United States at levels of inequality not seen in this country since […]
Over the past 40 or so years, the American economy has been funneling wealth and income, reverse Robin Hood-style, from the pockets of the bottom 99 percent to the coffers of the top 1 percent. The total transfer, to the richest from everyone else, amounts to 10 percent of national income and 15 percent of national wealth.
It’s part of a massive concentration of wealth and income among the rich that has put the United States at levels of inequality not seen in this country since before World War II. It’s a trend that economists such as Thomas Piketty believe […]
On Tuesday, September 5th, the Brookings Institution’s Center on Children and Families and the Race, Prosperity, and Inclusion initiative will host J.D. Vance, author of Hillbilly Elegy, and William Julius William, author of The Truly Disadvantaged, to further explore the race and class divide in America. To register for this event, please click here.
The legacy of American racism is dominating the headlines again. One of the arguments used against the removal or relocation of Confederate symbols is that “it is simply part of our history”. This is not the case. The results of the enslavement, disenfranchisement […]
Results from these papers are also mixed. Sunday hands me her smartphone and invites me to listen to a recording of her work, which is much better than I expected — though I am not sure what . ‘Predistribution’ is a new word for an old idea – that inequality and poverty should. (Note: see the New Yorker’s helpful infographic about wealth inequality and New York’s subway lines. It’s much more complicated than that. But we believe that the time has come for a new approach. Segregation and the wealth gap According to the Lewis Mumford Center at the […]