James Pethokoukis

James Pethokoukis is the Money & Politics columnist-blogger for the American Enterprise Institute. Previously, he was the Washington columnist for Reuters Breakingviews. Pethokoukis has written for many publications including USNews & World Report, The New York Times, The Weekly Standard, Commentary, USA Today, and Investor's Business Daily. Pethokoukis is also an official CNBC contributor. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, The McLaughlin Group, CNN, and Nightly Business Report on PBS. A graduate of Northwestern University and the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.
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Economics, Pethokoukis, U.S. Economy

Study: Higher unemployment makes people way more miserable than higher inflation

From “The Happiness Trade-Off between Unemployment and Inflation” by David Blanchflower, David Bell, Alberto Montagnoli, and Mirko Maro Unemployment and inflation lower well-being. The macroeconomist Arthur Okun characterized the negative effects of unemployment and inflation by the misery index—the sum of … read more >

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Pethokoukis, Economics, U.S. Economy

Why the ‘most important chart about the American economy you’ll see this year’ has big problems

Bard College economist Pavlina Tcherneva has cooked up a frightening and much-shared income-inequality chart (see above) — “the most important chart about the American economy you’ll see this year,” according to Vox — that seems to confirm the worst: America has become a winner-take-everything society. read more >

Pethokoukis, Economics, U.S. Economy

‘Gone with the Wind’ and the case for shorter copyright terms

Over at Pacific Standard, Noah Berlatsky writes about the strange copyright case of Alice Randall’s 2001 “The Wind Done Gone,” a parody of “Gone with the Wind.” Berlatsky notes that “a district court at first forbade publication of ‘The Wind Done Gone,’ arguing the work was a sequel rather than a parody, and therefore didn’t warrant fair-use protection.” read more >