Inequality analyst Scott Winship feels “systematically ignored” by “writers and researchers” including myself. Since he’s a smart and interesting critic in this space, not to mention an old fellow traveler, allow me to correct that. Scott is one of a number of analysts who criticize Thomas Piketty’s work for focusing largely on market incomes, thus… Read more
…in both real income growth and inequality, with references to “Cap21!” Over at the Upshot.
Here’s an important picture and tight argument by Alicia Munnell, a renowned expert on retirement-security, or lack thereof, posted at MarketWatch. Though I assiduously defend Social Security, the broader question of retirement security is one I don’t post enough about here, so I wanted to be sure to call attention to Alicia’s piece. The figure… Read more
…a new feature over at the NYT—the brainchild of long-time economics writer David Leonhardt—covering all kinds of interesting stuff in the intersection of econ, politics, and life. I’ll be writing for it, as it absorbs the Economix blog. In the first issue (not the right word in digital world, I guess), Leonhardt and Kevin Quealy… Read more
Finally have a moment to collect thoughts today, and wanted to reflect on some interesting inequality discussions in the papers this morning. Two points, united by one academic study (and it’s one I’ve focused on before in these pages). First, the NYT reports on evidence of higher inequality—more specifically, a squeezed middle class—in current consumer… Read more