1) Income inequality; 2) Politics; 3) History; 4) Soccer. Author of Global inequality: A new approach for the age of globalization
DC opens up despite the fact that the % of its positives still hovers around 11% and has not gone down since the first week of May. (from DC official daily data)
My today's piece in @socialeurope America’s unhappy middle (written before the riots)
Some stunning results for Spain, based on the just-published @lisdata harmonized survey data. Ten years after the crisis, real median income is the same as in 2007, bottom 40% lost in real terms, income of the top 1% went up by 21%.
Why is nobody discussing truly staggering differences in death rates between Eastern and Western Europe? In the @FT graphs none of EE countries is even included. The gap is just striking. (Worldometer, 22 April).
People have died for many reasons: nations, religions and ideologies. But it is indeed a new thing to die for Dow Jones. It is fully post-modern. To die for rich people's *perceptions* about the future summarized in one abstract number.
Many policies that 20y ago were thought great (and the World Bank promoted them all) are now seen as failures: 1. Complex financial instruments 2. Student loans 3. Private pensions 4. Fast privatization 5. Privatization of infrastructure & water 6. Cutting basic food subsidies
"Poland's leader says if 'no' side wins, Greece must leave eurozone". This from PM of a country which in 1991 got 60% of its debt forgiven.