About John
John Komlos is a professor emeritus of economics and of economic history at the University of Munich, and the author of the new textbook, “What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text.” He’s also taught at Harvard, Duke and the University of Vienna.
John’s Recent Stories
Making Sen$e Aug 09
Opinion: Positive growth? State income data paints an uneven pictureHalf of the states in the U.S. experienced a decline in real median household income between 2000 and 2016.
Making Sen$e Oct 18
Column: GOP tax cuts would make the rich even richerAt its core, the GOP tax plan was made by the 1 percent for the 1 percent.
Politics Sep 22
Column: Here’s what’s wrong with the U.S. health care systemIt’s worth re-examining some of the fundamental flaws of United States’ current health care system, and why adopting a single-payer model makes the most sense.
Economy Sep 19
Column: Why 5.2 percent income growth still leaves us in the doldrumsWhy does it feels like incomes are stagnating even as the Census Bureau documents income growth of 5.2 percent?…
Economy Aug 02
Column: Why a $15 minimum wage shouldn’t scare usRaising the minimum wage has not hurt anyone except the boogeyman in the imagination of the 1 percenters and their entourage.
Economy Apr 25
Column: How Reaganomics, deregulation and bailouts led to the rise of TrumpThe establishment was good at making big promises, but in the end, they left few crumbs on the table for the middle class.
Economy Feb 29
Column: Why sunny views of the economy are misguidedIn spite of GDP growth, in spite of earnings growth, in spite of job creation, the economy can only be characterized as Krugman has, as a “sour economy.”…
Economy Jan 26
Column: The economic lesson behind $5 airport waterCompetition is allegedly the magical equalizer, but it doesn’t work at airports thanks to monopoly pricing.
Economy Dec 21
Column: These facts about inequality can’t be whitewashedCounting Social Security as 'wealth' avoids the inconvenient truth of inequality, writes economist John Komlos.
Economy Dec 15
Column: Why raising the minimum wage is good economicsIt's about time to raise the minimum wage, writes economist John Komlos.