Econamici blog

The Black-White Wage Gap: How Inequality and Monopoly Amplify Racial Discrimination

Black men's wages as a percent of White increased rapidly after World War II, only to level off at a bit over 55% after the 1970s. That's a paradox: If racism causes the Black-White wage gap, how come the gap closed dramatically while Jim Crow laws remained in effect, and

Fighting the Wealth Hoarders with Transparency and Taxes

Over the last five years, from my 5th floor apartment window, I’ve watched a blue spire rise in the distance. Fifteen blocks south of me, 225 West 57th Street has just joined Billionaires’ Row in Manhattan. At 1550 feet it’s now the tallest. Apartments in these buildings have been selling

Interview About Monopoly with Paul Jay on The Analysis

To reduce inequality, monopolies in finance and other economic sectors should be broken up or made public

Review of Break ‘Em Up by Zephyr Teachout

It's tough being a chicken farmer. Three processors, Tyson, Pilgrim’s Pride, and Perdue, have divvied up the American chicken market between them. Chicken farmers must sell to the one who “owns” their geographical area. That processor dictates where they get their chicks, how they build their chicken houses, what feed
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