Friday, March 23, 2012

MIT Economist: Income Inequality In The U.S. Is Crushing The Middle Class’ Political Power

MIT Economist: Income Inequality In The U.S. Is Crushing The Middle Class’ Political Power: pThanks in large part to the Occupy Wall Street movement, the debilitating effects of income inequality have been hoisted into the national spotlight. But in addition to killing economic growth and economic mobility, income inequality also exacerbates political inequality. Today, ThinkProgress spoke with MIT economist Daron Acemoglu, whose new book, Why Nations Fail (co-written by [...]/p