News

While Mankiw sees little evidence that inequality ... Figure 2 shows a strong negative correlation between income inequality and social mobility: correlation is not, of course, causation, but ...
But he’s stacking the deck. An earlier attempt by Mankiw to prettify income inequality came under attack, as we reported here, but he has only redoubled his campaign. In his latest column ...
Solow has leveled a blast at a recent attempt by Harvard economist N. Gregory Mankiw to explain rising income inequality and the primacy of the 1% in the U.S. as the result of “just deserts ...
Cornell University economist Richard Burkhauser, via Greg Mankiw, shows why that ... was almost twice their money income. Moreover, consumption inequality is much less than income inequality.
"In the end," reports Mankiw, " I am led to conclude that concern about income inequality, and especially growth in incomes of the top 1 percent, cannot be founded primarily on concern about ...
Instead, Mankiw conflates income inequality and the rigging of finance. To be sure, we live in challenging times. Meager growth and rising inequality have resulted in stagnant incomes for much of ...
And that’s merely the inequality among kids with strong ... be no need for government to alter the resulting income distribution. Mankiw defends a sanguine view of the top 1 percent, arguing ...
High levels of income inequality weaken support for raising the minimum wage, which in turn could further worsen income ...
Increases in income inequality over time were linked to higher death rates. But were the results valid? Even a small rise in inequality gives rise to a substantial increase in COVID-19 deaths.
The U.S. may have the highest level of income inequality of the G7 nations, but new research suggests that disparity has actually stabilized over the last decade, thanks to rapid growth in wages ...
Income inequality in the United States has become a defining issue of our time, with the gap between the rich and the poor expanding significantly over the past few decades. This growing divide is ...