This graph tells you that the richest 1 percent has captured more than half of income growth during periods of economic expansion in the 21st century. If more people knew that, would they support ...
When you write about the economy every day for a living, you can start feeling numb toward charts about income inequality. After all, the story doesn’t change much week to week, and usually neither do ...
What would incomes look like for U.S. families today if the income distribution were the same as it was in 1979? Larry Summers recently made this really intriguing calculation in the FT. His ...