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$e Aug 09Opinion: Positive growth? State income data paints an uneven picture
Half of the states in the U.S. experienced a decline in real median household income between 2000 and 2016.
Making Sen$e Oct 18Column: GOP tax cuts would make the rich even richer
At its core, the GOP tax plan was made by the 1 percent for the 1 percent.
Politics Sep 22Column: Here’s what’s wrong with the U.S. health care system
It’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 19Column: Why 5.2 percent income growth still leaves us in the doldrums
Why does it feels like incomes are stagnating even as the Census Bureau documents income growth of 5.2 percent?…
Economy Aug 02Column: Why a $15 minimum wage shouldn’t scare us
Raising the minimum wage has not hurt anyone except the boogeyman in the imagination of the 1 percenters and their entourage.
Economy Apr 25Column: How Reaganomics, deregulation and bailouts led to the rise of Trump
The establishment was good at making big promises, but in the end, they left few crumbs on the table for the middle class.
Economy Feb 29Column: Why sunny views of the economy are misguided
In 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 26Column: The economic lesson behind $5 airport water
Competition is allegedly the magical equalizer, but it doesn’t work at airports thanks to monopoly pricing.
Economy Dec 21Column: These facts about inequality can’t be whitewashed
Counting Social Security as 'wealth' avoids the inconvenient truth of inequality, writes economist John Komlos.
Economy Dec 15Column: Why raising the minimum wage is good economics
It's about time to raise the minimum wage, writes economist John Komlos.