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Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechan
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechan
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechan
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechan
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechan
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechan
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Nick Hanauer:
The middle class creates us rich people, not the other way around.Nick Hanauer:
When you have a tax system in which most of the exemptions and the lowest rates benefit the richestNick Hanauer:
There is no earthly reason why Walmart and McDonald's and Walgreens and these other giant, profitabNick Hanauer:
The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They'reNick Hanauer:
I think the idea that giant profitable corporations should pay their workers enough so that they doNick Hanauer:
People want to think of economics as a natural science, like physics, with the comforting reliabiliNick Hanauer:
The theory that if wages go up, employment goes down isn't a physical law like F=MA. It's a moral lNick Hanauer:
Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our prefeNick Hanauer:
The most powerful forces in economics are not numbers or facts. They are prejudices and preferencesNick Hanauer:
We rich people have been falsely persuaded by our schooling and the affirmation of society, and hav