This series explores innovative work that pushes the boundaries of economic theory, integrating it with other social sciences, history, and institutional context. It focuses on critically re-evaluating established economic ideas and seeking new approaches to solve complex societal and financial challenges. Readers will find thought-provoking essays and analyses that reflect current issues and encourage an interdisciplinary understanding of economics. It is designed for anyone interested in a deeper comprehension of economic mechanisms and their real-world connections.
Rising US income and wealth inequality results from repression of real wage growth and production realignments benefitting the top one percent of households. Middle class wage-earning households have been hurt. Wage repression has led to slow inflation and low interest rates that sparked capital gains for the top one percent.