In 2010, the tea party emerged from a mass of disorganized, grumbles and frustrations focused on Washington’s largess and Wall street’s perceived excesses and excessive influence in our nation’s capitol. The GOP embraced their frustrations and helped coalesce their complaints into an effective “party” that came to represent the demands of the far right of … Continue reading
According to Tyler Cowen (general director of the Mercatus Center at George Mason University, and coauthor of the Economics blog marginal revolution), “most of the worries about income inequality are bogus”. That is the thesis of his recent article, “The Inequality That Matters”, in which Professor Cowen argues that much of the recent fervour about the growing gap between the haves … Continue reading