Inequality

The International Monetary Fund put out a study yesterday about the effect of inequality and "redistribution" on growth. Among the dozens of conflicting uses of the word "redistribution," the study authors use it here to mean reducing inequality through transfer programs. The paper draws upon a...
02/27/2014
Blog
Will Wilkinson is tired of arguing about inequality. He writes, I’m tired of arguing about inequality. It’s frustrating. It’s unproductive. Nobody is really interested in the analytical arbitrariness and moral insidiousness of measuring intra-national economic inequality. Nobody is really...
01/29/2014
Blog
Republicans didn't just respond to the State of the Union, they responded four times. The problem is that a lot of their talking points don't stack up with reality.  1) Taxes Are Too High on The Rich In fact, taxes have become less progressive since 1960: Since 2004 there has been a modest...
01/29/2014
Blog
A spectre haunts us, the spectre of robots. The Economist writes, “it seems likely that this wave of technological disruption to the job market has only just started. From driverless cars to clever household gadgets, innovations that already exist could destroy swathes of jobs that have hitherto...
01/28/2014
Blog
The economics blogosphere as well as mainstream publications are alight with new research from Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez and Nicholas Turner on upward mobility. It’s a key topic, especially here at Demos, where we want an equal chance for all. I haven’t finished...
01/23/2014
Blog
Things we liked: Our own Matt Bruenig has been a big proponent of a Universal Basic Income, so we were happy to learn that the first ever experiment, in 1795, when swimmingly. Frances Coppola explains on Pieria how Speenhamland, England instituted what was essentially a basic income and the watched...
01/16/2014
Blog
Matt Bruenig posted an interesting response to Barbara Ehrenreich's brilliant The Atlantic essay on what poverty is really like. In the essay she argues that there has been a palpable shift in how we as a society conceive of poverty. Where we once felt empathy, we now feel anger. Bruenig correctly...
01/15/2014
Blog
In November, Congress failed to renew the 2009 stimulus provision allocating additional funds to the Supplemental Nutrition Assistance Program (SNAP).  This removed a much-needed $5 billion from an already underfunded public program tasked with keeping 47 million Americans from going hungry....
12/11/2013
Blog
Discussion is growing of an empathy gap rooted in our society's dramatic increase in inequality. As David Madland argues in Democracy, "Studies across U.S. states, of the United States over time, and across countries all find that societies with a strong middle class and low levels of inequality...
10/25/2013
Blog
In an "Opinionator" piece in Sunday's New York Times, Joseph Stiglitz made the important point that economic inequality is the result of political decisions, not inescapable global conditions. His evidence is that while certain countries (the U.S. lead among them) have allowed the gap between the...
10/15/2013
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