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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.
Half of the states in the U.S. experienced a decline in real median household income between 2000 and 2016.
At its core, the GOP tax plan was made by the 1 percent for the 1 percent.
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.
Why does it feels like incomes are stagnating even as the Census Bureau documents income growth of 5.2 percent?…
Raising the minimum wage has not hurt anyone except the boogeyman in the imagination of the 1 percenters and their entourage.
The establishment was good at making big promises, but in the end, they left few crumbs on the table for the middle class.
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.”…
Competition is allegedly the magical equalizer, but it doesn’t work at airports thanks to monopoly pricing.
Counting Social Security as 'wealth' avoids the inconvenient truth of inequality, writes economist John Komlos.
It's about time to raise the minimum wage, writes economist John Komlos.
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