middle class

  BY JOSH RUDOLPH The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood. Indeed, the world is ruled by little else. – John Maynard Keynes Friday afternoons tend to be subdued affairs at the Harvard Kennedy School. But the afternoon […]

Note: This is part 2 of a 2 part series. Read Brian’s first post here. Photo credit: Michael S. Williamson (source here). BY BRIAN CHIGLINSKY Yesterday, we introduced the concept of the Great Decoupling – the idea that middle class income growth is no longer connected to the growth of the broader American economy. Today, we look […]

Note: This post is part 1 of a 2 part series. Part 2 will be available on Friday, October 18. BY BRIAN CHIGLINSKY It sounded like a fantasy novel. In the heyday of furniture manufacturing, she said, a high school student could drop out, walk out of his schoolhouse, down the road by the river […]