The Vanishing Middle Class: The Growth of a Dual Economy
Growing income inequality is threatening the American middle class, and the middle class is vanishing before our eyes. We are still one country, but the stretch of incomes is fraying the unity of our nation.
The Growth of a Dual Economy
Oct 21, 2017 | 05:00
“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.
The New Normal
May 19, 2017
Demand, Secular Stagnation and the Vanishing Middle-Class
Working Paper Series
The Political Economy of Mass Incarceration: An Analytical Model
This paper presents a model of mass incarceration in the United States, which has the largest proportion of its population imprisoned among advanced countries.
The Push and Pull of Inequality and Identity
May 3, 2017
Professor Dutt discusses how group identity is key to addressing inequality and how inequality can disrupt group identity.
The Outskirts of Hope: Poverty in America
Apr 4, 2017
The “War on Poverty,” and the impact of public policy
Race Has a Regional Dimension in America’s Political Economy
Feb 20, 2017
Stanford economic historian Professor Gavin Wright, addressing the Institute’s conference on the economics of race, argues that the conditions facing the children of the great migration from the South are very different to the conditions for the children of those who stayed behind.
‘Otherness’ is More Complex Than Black and White
Feb 3, 2017
Professor Tchen explores the many layers of “otherness” at work in America’s political economy
What the ‘Dual Economy’ Model Reveals About Today’s America
Jan 30, 2017
Professor Temin sees the US economy as bifurcated along lines analogous to the situation described in developing world economies by W. Arthur Lewis.
Race May be Pseudo-Science, But Economists Ignore it at their Peril
Jan 6, 2017
Presented by Professor Dan O’Flaherty at the Institute’s conference on the economics of race in Detroit on 11 November, 2016
Racist Violence and Economic Activity
Jan 5, 2017
Riots, lynchings and other forms of violence dramatically disproportionate impact on the lives and prospects of African inventors. That’s just one indicator, says Professor Lisa Cook, of the profound impact of racial violence on the economic structure
A Moral Challenge to Economists
Jan 1, 2017
Extract from the keynote speech by the Rev. Dr. William Barber III at the Institute for New Economic Thinking conference on race and economics in Detroit on November 11
The Burden of Race Discrimination is Heaviest Where it Intersects with Gender
Dec 30, 2016
Professor Marlene Kim provided a riveting picture, via her personal family history of the exploitation of the Asian-American working-class in California. She challenged the invisibility of Asian-Americans in discussions of race in America, and also focused on the double burden of discrimination borne by women of color.
INET Research in a Year of Living Dangerously
Dec 29, 2016
Notes from the Institute’s Director of Research on some significant papers and contributions produced in 2016 under the INET rubric
Garza Parsing America’s Backlash
Dec 27, 2016
Black Lives Matter movement co-founder Alicia Garza, addressing the Institute’s Detroit conference on the economics of race, placed the turmoil created by the 2016 election in the context of a backlash against the gains made by social movements challenging racial and social injustice. She argued that those movements now need, more than ever, “to show up for one another” at a local level to protect those gains