It's a funny thing, by the way, how people who love free markets are also quite sure that they know that investors are being irrational.

Wealthy individuals bought themselves a radical right party, believing - correctly - that it would cut their taxes and remove regulations, but failed to realize that eventually the craziness would take on a life of its own, and that the monster they created would turn on its creators as well as the little people.

The key reason executives are paid so much now is that they appoint the members of the corporate board that determines their compensation and control many of the perks that board members count on. So it's not the invisible hand of the market that leads to those monumental executive incomes; it's the invisible handshake in the boardroom.

Can we break the machine that is imposing right-wing radicalism on the United States? The scariest part is that the media is part of that machine.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.

If the price of everything is going down, that's going to include wages as well. People will have an incentive to sit on their cash and not spend it.

We have a lot of evidence on what happens when you raise the minimum wage. And the evidence is overwhelmingly positive: Hiking the minimum wage has little or no adverse effect on employment while significantly increasing workers' earnings.