Saturday 2 August 2014
 
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middle class

Mysteries of the middle class

If you are worried about the Western middle class - and we all should be - you may have started to have some doubts about the virtues of flexible labour markets. In theory, flexible labour markets should make our economies more productive, and a

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US middle class shrinks; wages down

The US middle class has shrunk drastically over the last 10 years as Americans' net worth has plunged, wages declined and standards of living slipped away, according to a report.   Middle-income earners, long see

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Bahrain subsidy plan 'won't hit poor'

Bahrain's government is studying plans to redirect subsidies without compromising the middle and lower classes. 'We are keen essentially not to encroach on the interests of the medium and low-income earners or put any additional burden on

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