The Great Recession dramatically reduced U.S. income inequality, according to a new analysis from the Tax Foundation. In fact, income inequality—at least as measured by the income share of the top 1 percent of earners—is back to where it was … read more
OK, I am crushing this emerging meme before it spreads any further. Here is Christopher Orr from The New Republic: I was not a fan of the Kill Bill movies, but I did appreciate one scene, near the end of … read more
Over at the Economix blog, NYTimes columnist Floyd Norris spends a lot time explaining away the apparent big drop in the January labor force participation rate: Each January the bureau updates its population estimates, and this update was particularly … read more
Tell me what U.S. consumers are thinking, Reuters: Americans felt worse about their personal finances in early February, even as they saw a light at the end of the tunnel for the jobs market, a survey released on Friday showed. The … read more
Also of Interest
Bernanke’s much-needed optimism
It’s hardly an encouraging sign of a nation’s economic vitality when its most optimistic policymakers are its central bankers.
The IRS and big government
The expanding Internal Revenue Service scandal could hardly be any more Drudgeriffic.
Ferguson's blooper on Keynes
It was an unusually feisty weekend in corners of the blogosphere and Twitterverse where dwell economists and economic-policy wonks.