©2015 Bloomberg View NS3OC36JTSE8 (Bloomberg View) — One of the best-loved stories about the squeeze on middle-class incomes in the U.S. concerns the long- term divergence between wages and productivity. This goes as follows: Wages have stagnated for decades even as output and profits kept going up. Owners of capital

©2015 Bloomberg View NXD24H6S972C (Bloomberg View) — Three years ago, demographer and political scientist Nicholas Eberstadt of the conservative American Enterprise Institute wrote an influential little book on what he called the “entitlement epidemic.” The book, “A Nation of Takers,” was free of partisan rancor — Eberstadt pointed out that