Leg Room for the Middle Class

I’m not an economist, nor a historian. But it seems safe to say that the world is increasingly middle class. That means different things in different parts of the world to some extent, but as a broad definition: stable employment, disposable income.

What Has Happened to the Middle Class, Anyway?

Over at Equitable Growth: A nice piece by Patricia Cohen in the New York Times with good quotes from Cornell’s Thomas Hirschl.

One thing going on is that the major lifestyle and utility improvements of the past generation …

The Middle Class Trap

If last night’s Democratic Debate didn’t persuade you enough to get out of the middle class, I don’t know what else will. Between Bernie Sanders and Hilary Clinton, both mentioned how much they want to help the middle class at least 100 times; something all candidates have promised for…