







Adjusted for inflation, the US economy has more than doubled in real terms since 1975.
Is Inequality Inevitable?
Wealth naturally trickles up in free-market economies, model suggests

America's Growth Ponzi Scheme | Strong Towns
The American pattern of development creates the illusion of wealth. Today we are in the process of seeing that illusion destroyed…and with it the prosperity we have come to take for granted.
The AI spending boom could have real consequences for the U.S. economy
As revisions to U.S. jobs numbers call into question economic growth, Big Tech is becoming an even more important part of American prosperity.

$1 Trillion of Wealth Was Created for the 19 Richest U.S. Households Last Year
Total household wealth for the richest 19 U.S. households jumped to about $2.6 trillion in 2024, after the biggest one-year increase on record.

Why the super rich are inevitable
Why some mathematicians argue the economy is designed to create a few super rich people – unless we stop it.

Les inégalités aux Etats-Unis (1/5) : pourquoi l'écart s'est-il creusé entre les riches et les autres ?
traduction française du billet de blog "Why did the rich pull away from the rest? Understanding inequality: Part I" de Paul Krugman

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure
A report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, and secure

Wealth Capture Policies | Windfall Policy Atlas
What mechanisms can ensure AI-driven productivity gains are captured for the public benefit?

Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality | Oxfam International
Billionaires 4,000 times more likely to hold political office than ordinary people

The US economy is doing well. President Biden wants to know why so many Americans are still feeling bad | CNN Politics
By many metrics, the US economy is humming along. The jobs market is robust; consumers are spending again; and inflation has eased to a three-year low.
Is Dollar Dominance Good for the U.S.?
Thoughts on the U.S.'s so-called exorbitant privilege.

The myth of catch-up development: trends in core–periphery inequality from 1960 to 2023
The conventional narrative in international development holds that poorer countries are “catching up” with richer countries through the process of capitalist growth. This paper assesses this claim ...

Capitalism in Crisis Amid Slow Growth and Growing Inequality
Six years after the Lehman disaster, the industrialized world is suffering from Japan Syndrome. Growth is minimal, another crash may be brewing and the gulf between rich and poor continues to widen. Can the global economy reinvent itself?
