We have recently witnessed a flurry of comment in the US on the long-running stagnation of wages. Many believe that the future livelihood of the "middle class " is also at risk.

Ask the expert

Do you agree with Jagdish Bhagwati? Post him a question now Related content and features You have viewed your allowance of free articles. If you wish to view more, click the button below. Front page World Companies Markets Markets Data Managed funds Lex Comment Video & Audio Management Business Education Personal Finance Arts & Leisure Wealth In depth Special Reports Jobs & classified Services & tools News feeds and alerts Get FT RSS feeds Email news briefings Email news alerts Get FT news on your mobile * Minimum delay 15 minutes All times are London time FT Home Site map Contact us Help Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FT Partner sites: Chinese FT.com The Mergermarket Group Investors Chronicle Exec-Appointments.com Money Media The Banker fDi Intelligence MBA-Direct.com The Non-Executive Director © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of The Financial Times Ltd. Privacy policy Terms