Early on in Confronting the Classics, Mary Beard tells the story of the Roman Emperor Elagabalus, who "used to seat his dinner guests on cushions that, unbeknownst to them, were full of air. As the meal progressed, a slave secretly let the air out, so Elagabalus could enjoy the sight of his companions subsiding, until they slid beneath the table."
Economist Tyler Cowen believes that income inequality in America is only increasing. His new book is called <em>Average Is Over: Powering America Beyond the Age of the Great Stagnation.</em>
Credit Szasz-Fabian Ilka Erika / iStockphoto.com
Tyler Cowen is a professor of economics at George Mason University. He is also the author of <em><em>The Great Stagnation</em>, An Economist Gets Lunch, Good and Plenty</em> and <em>Create Your Own Economy. </em>He blogs at <a href="http://marginalrevolution.com/">Marginal Revolution</a>.<em></em>
Economist Tyler Cowen has some advice for what to do about America's income inequality: Get used to it. In his latest book, Average Is Over, Cowen lays out his prediction for where the U.S. economy is heading, like it or not:
"I think we'll see a thinning out of the middle class," he tells NPR's Steve Inskeep. "We'll see a lot of individuals rising up to much greater wealth. And we'll also see more individuals clustering in a kind of lower-middle class existence."
Originally published on Wed September 11, 2013 10:36 am
Nine inches is the minimum distance required between middle school students during slow dances in the title story of Tom Perrotta's first book of short stories in 19 years. Nine miles — or make that nine light-years — is the distance between many of the narrators in these 10 stories, and the family and friends they've alienated with their stupid mistakes.