In the first chapter, I analyze the evolution of income inequality in the United States from the 1950s to present. I show that the share of national income going to those in the upper reaches of the income ladder has increased considerably over the last three and a half decades, and that...
Wealth inequality today in the United States is extreme and growing, and we talk about it a lot when someone throws a brick through the window of a Google bus. Lots of smart people have already written about this, but here are two images to quickly show what the skew looks like: 今天,...
So even if people are much better off being poor today than king 500 years ago, most people compare themselves to the richest people today, and not the richest people from the past. And importantly, it really is unfair. Trying to live on minimum wage in the United States is atrocious (...
This paper analyzes the microeconomic sources of wage inequality in the United States from 1967-2012. Decomposing inequality into factors categorized by degree of personal responsibility, we find that education is able to explain more than twice as much of inequality today as 45 years ago. However...
Abstract The disparity between the ideals of equality and the facts of inequality is a dominant fact in our lives today—in the United States and throughout the world. This is not to say that everywhere there is uniform endorsement of the ideal of equality, or that the actual inequalities ar...
aIncome inequality is a major problem in the United States. Not only is income inequality grossly unfair, but it also indicates lifespan inequality, educational inequality and it stunts economic growth. According to the handout, the top 1% of Americans make 8 to 10 times more money than 99%...
As you can see, data from the St. Louis Federal Reserve shows that average inflation-adjusted income in the United States has been rising over time. In other words, the hockey stick is still heading in the right direction. Could income be growing faster? Of course. That’s why I’m ...
Understanding the Linkages between Climate Change and Inequality in the United States We conduct a review of the existing academic literature to outline possible links between climate change and inequality in the United States. First, resear... R Avtar,K Blickle,R Chakrabarti,... - 《Social Scie...
Of course not. It would be unjust toward the 99% who earn nothing and pay 5% of the taxes. Yet, that's exactly what's happening in the United States today. Not to that degree, yet, but the point holds. Both tax rates and share of taxes paid relative to income have dropped for th...
Free Essay: Wealth inequality in the United States is at an all-time high with the top 1% being as wealthy as the bottom 50% combined. All is not copacetic...