Notebook
Essays and notes on political economy, books, history, and the forces that shape how people live.
When the Bottom Half Becomes a Line
A Federal Reserve wealth chart shows the bottom half of America almost disappearing, not because the economy failed to grow, but because ownership concentrated as growth expanded over recent decades.
The Way We Are Governed Enters the Day
Good and bad government do not remain abstract. They enter the day through prices, laws, wages, schools, hospitals, streets, bills, and the private life we think is separate.