Or if that's too ambitious a goal then how about how to reduce inequality in America? Now, I have to admit, that inequality really isn't one of those things that I worry about very much. Poverty is, ...
I often start the first-year managerial economics classes I teach by showing a graph to my MBA students (see below). It shows that in 1951, middle-income Indians (from the middle 40 th percentile, ...
Income inequality has been a dominant topic of debate in recent months and will likely influence the coming presidential race. A common argument advanced by fans of inequality economist Thomas Piketty ...
Earnings inequality in America has increased since 1979 — that much we know. But why and what to do about it is murky — in part because we’re not all talking about the same group of people when we ...
The problem of inequality is really two problems. First, there’s the lopsided distribution of wealth: Whether you look at income or assets, the rich, at least in America, are comparatively richer than ...
Did you file on time? A tax professional friend of mine told me recently that he’s surprised every year to see how many people leave their tax filing to the last minute. Maybe they’re too busy. Maybe ...
WASHINGTON -- Tight labor markets shrink income inequality by causing employers to bid up the price of scarce labor, so policymakers fretting about income inequality could give an epidemic disease a ...
The themes of economic mobility and rising inequality will likely serve as the centerpiece of President Barack Obama’s State of the Union address next week. In the months leading up to the speech the ...
It didn’t sound like the hottest ticket in Paris: a debate on the theme of “property” between two of the city’s economists, Frédéric Lordon and Thomas Piketty, on a January night in a dingy hall at ...
The absurdity of eight billionaires owning as much wealth as the poorest 50 per cent of the world’s population has only been overtaken by the news that the top 1 per cent managed to take 82 per cent ...