Tag Archives: Class and economics

Welcome to the Informal Economy

It’s graduation season, and while commencement speakers encourage graduates to work hard and pursue their dreams, most new grads are worried about finding a decent job.  All their professors can suggest is that students use internships to gain valuable work … Continue reading

Posted in Contributors, Issues, John Russo, The Working Class and the Economy | Tagged , , , , , , , , , | 2 Comments

How Unequal Should Our Incomes Be?

I think the top one-tenth of U.S. households should get about one-third of all income.  I may be unduly influenced by living in a household that is part of that top tenth, but here’s my reasoning. Absolute income equality would … Continue reading

Posted in Contributors, Issues, Jack Metzgar, The Working Class and the Economy | Tagged , , | 15 Comments

Rethinking Work and Non-Work in the Recession

For over the last 18 months, the Center for Working-Class Studies has been publishing the “De Facto Unemployment Rate” (DFUR).  The DFUR includes all those who are officially unemployed, those looking for work, the underemployed, disabled or in early retirement, … Continue reading

Posted in Contributors, Issues, John Russo, The Working Class and the Economy | Tagged , , , , , | 5 Comments

The House is on Fire

A few weeks ago, Charlie Rose facilitated a discussion about the perils of the U.S. national debt among a thoughtful, articulate group of one politician, two businessmen, and two economists.  Except for a brief discussion of the bond market, I … Continue reading

Posted in Contributors, Issues, Jack Metzgar, The Working Class and the Economy | Tagged , , , , , , | 7 Comments

Welcome to the Working Class

As the financial industry celebrates its recovery from the Great Recession with huge bonuses, attention has turned increasingly to jobs.  But that’s not a new concern: over the past three decades first the working class and then the middle class … Continue reading

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America’s Low-Wage Future

British historian E.H. Carr once said something to the effect that while no serious scholar makes up the facts, they all choose which facts “to put on stage.”  The problem of cultural bias is that there are way too many … Continue reading

Posted in Contributors, Issues, Jack Metzgar, The Working Class and the Economy | Tagged , , , | 13 Comments

Jobs, Ideology, and Policy: Putting Workers First

During the 1980s recession, as steel mills closed and auto plants began downsizing around the country, neoconservative economists insisted that the jobs lost to deindustrialization would soon be replaced by new jobs.  In Youngstown then, we knew better.  And as … Continue reading

Posted in Contributors, Issues, John Russo, Sherry Linkon, The Working Class and the Economy | Tagged , , , , , , , , | 3 Comments