Innovation & Inequality

    Disruption caused by innovation both creates goods the wealthy are more likely to use and eliminates jobs more likely held by working and middle class employees. We want to better understand how to respond to innovation in order to avoid or ameliorate both of these ways of exacerbating inequality.

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    The Growth of a Dual Economy

    “Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies. Read more

    The Rise and Fall of the American Middle Class

    How rationalization, marketization, and globalization characterize the U.S. economy during the past 50 years, and how the behavior of companies and fate of American workers have changed during this process. Watch the video