Robert J. Samuelson / Politics

What's With Wage Stagnation?

WASHINGTON -- If you believe in the law of supply and demand -- and I do -- there's not much mystery to the stagnation of wages even though unemployment is falling. In the past year, the economy has added 2.6 million jobs; the unemployment rate ...

The Millionaire Explosion

WASHINGTON -- The millionaire's club isn't what it used to be.

Time was that "being a millionaire" was a mark of unimaginable success. You'd joined the financial elite. People didn't much discuss whether you arrived by wealth or income, because ...

The Global Debt Trap

WASHINGTON -- Six years after the onset of the financial crisis, the world still has too much debt. The total in 2013, according to the McKinsey Global Institute, came to about $186 trillion. This includes government debt, corporate bonds and ...

Women Join the Top 1 Percent

WASHINGTON -- Everyone knows that economic inequality has increased dramatically since the 1970s, and this has created a new cottage industry: dissecting "the top 1 percent." We now have a study from three economists that broadens what we know ...

Why the world economy sputters

WASHINGTON -- It's become a dreary ritual. Every six months, the International Monetary Fund (IMF) forecasts the global economy -- and cuts its previous forecast. Despite an army of economists, all of its forecasts since 2011 have been too ...

Progress, Anyone?

WASHINGTON -- Progress has lately gotten a bad rap, because there seems to be so little of it. Violence wracks the Middle East; economies are sputtering; Ebola strikes fear. But if you step back a bit, there's plenty of progress. We ought to ...