ECONOMIC INEQUALITY RISING FASTER ON EAST AND WEST COASTS

“A recent article by Phillip Longman, in The Washington Monthly, demonstrates that inequality in America has risen alarmingly not just by race and class but also by region (the coasts get an ever larger share of income, at the expense of the middle), and he attributes this development to the demise of economic-republican legislation like Glass-Steagall [Act] and Robinson-Patman [Act].

Nicholas Lemann, “Notorious Big, Why the Spectre of Size Has Always Haunted American Politics,” in the New Yorker, March 28, 2016, pp: 72-75.