income inequality

Everything You Need to Know About Ocasio-Cortez’s Tax Plan

Americans have been arguing about taxes for decades. In recent months, soaking the rich with higher taxes has become a battle cry for progressives. Left-leaning politicians argue that higher taxes on the wealthy would reduce inequality and raise substantial revenue without damaging the economy.

Reading Roundup: Probing the Sun, Draining the Swamp, and More

Hot Hot Heat

This Saturday, NASA plans to launch the Parker Solar Probe, a spacecraft designed to touch the edge of the solar corona, the aura of plasma that surrounds the sun. It will be the first-ever spacecraft to enter into the orbits of Venus and Mercury, a feat scientists have dreamt of for decades.

Q&A: Daniel Ziblatt on Trump and How Democracies Die

Daniel Ziblatt has spent a career studying why democracies develop and how they die. Along with his co-author and fellow UC Berkeley alumnus, Steven Levitsky, he has done so from a perch at Harvard, and his focus has always been different places and times: Ziblatt is an expert on democracy in modern Europe, including the age of Hitler and Mussolini, and Levitsky specializes in Latin America.

Back in Bleak: Nearly Half of U.S. Jobs Are Likely to Vanish in 20 Years. Then What?

Ever get that feeling that you’re slowly sinking into a financial morass, a fiscal tar pit from which you’ll never emerge, no matter how or what you try? That the odds are so grim that your children and their children will end up in even worse shape than you? That the middle class is indeed moribund if not dead, that the rich are getting richer and the poor (including you) are getting poorer, and that the trend will only accelerate until you’re eking by on the dole—if there were a dole, that is. This isn’t the United Kingdom, after all.

What Would Buddha Do? Berkeley Econ Class Covers Supply, Demand and Enlightenment

Let the bull market for college-level economics continue. Despite its daunting math, its abstract models, and its 0-for-1 track record in predicting recent worldwide financial catastrophes, economics remains one of the top 10 college majors across the country, according to the Princeton Review. That trend certainly holds at UC Berkeley where, last fall, econ was the second only to electrical engineering and computer science as most popular major. As the fall semester approaches, expect hundreds more undergrads to flock eagerly to the “dismal science.”

Lights, Camera, Economics

If charisma were measured in inches, Berkeley political economist Robert Reich would be a very tall man—but he’s short. Famously so, barely 4’11”. It’s not something he hides. To the contrary, he works his height the way a fat comic works his weight, beginning speeches with deadpan openers like, “As you can see, this economy has really worn me down,” and, “I’ll be short.”

From the Fall 2013 Film Issue issue of California.
Subscribe to income inequality