Want to Fix Income Inequality? Relink Wages to Productivity

This article first appeared on The Globalist.   Can policymakers lessen inequality without harming innovation, investment and productivity growth? Income and wealth inequality is the inevitable outcome of capitalism. Policymakers who seek to ease inequality need...

America’s Manufacturing Renaissance?

This article first appeared on The Globalist.   Despite all the hype, few manufacturing jobs have returned to the United States so far. Jobs in manufacturing are high productivity ones, typically making them the sine qua non for economic prosperity. The return of...