[“.
. . . after about 2000 the real wages of college graduates stopped rising as
well. Meanwhile, incomes at the very top — the one percent, and even more so a
very tiny group within the one percent — continued to soar. And this divergence
evidently had little to do with education, since hedge fund managers and high
school teachers have similar levels of formal training.”
Krugman, Paul, ‘Challenging the Oligarchy,’ a review of
Robert B. Reich’s, Saving Capitalism: For the Many, Not the Few, (Knopf,
2016), in The New York Review, December 17, 2015, pp: 16-20.