By Nick Shaxson “From Prof. William Lazonick, a widely renowned U.S. analyst of what makes successful companies: “All of the technologies in the iPhone ­– things like touch-screen technology, GPS, and so on — originated with government spending, funded by taxpayer money.”… [Click…

By Jens Erik Gould “It was, for decades, almost an economic truism: whatever direction the unemployment rate took, wage growth went in the other. When unemployment rose, wage growth stalled. When unemployment fell, wage growth picked up again.”… [Click HERE…

By Leo Gerard “Holiday bells are silent in the homes of America’s struggling working poor, even with gasoline prices at their lowest levels in years. These are people derided as moochers because their starvation wages force them to accept food…

By Lynn Parramore “William Lazonick, professor of economics at the University of Massachusetts Lowell, and Matt Hopkins, research associate at the Academic-Industry Research Network, have investigated how the technology knowledge base gets created, what has gone wrong in America’s approach…

By Institute for New Economic Thinking (INET) “With the widespread plant closings of the 1980s, the loss of these “middle-class” employment opportunities was confined largely to blue-collar workers with high-school educations. As a group, members of the U.S. labor force with…

By Les Leopold “Runaway inequality is destroying the American Dream. Is it too late to save it? That depends on what is really driving inequality. In the 1960s the gap between CEOs and the average worker was 20 to 1….

By Proinsias O’Mahony “The idea that a company’s primary purpose is to enrich its shareholders is the “dumbest idea in the world”, according to high-profile GMO strategist James Montier, who warns that the so-called shareholder value model is “creating and storing up economic…