The Increasingly Unequal States of America Income: Inequality by State, 1917...
The Economic Policy Institute examines the fortunes of the top 1% by state, 1917 – 2011. “Specific findings include: Between 1979 and 2007, the top 1 percent took home well over half (53.9 percent) of...
View ArticleTracking Wealth Inequality, By Percentile – Gains for the Wealthy
The Wall Street Journal Money Beat provides this graphic along with 9 other graphs . tracking inequality in America. The top 10% of the wealthy have clearly gained while the majority of the U.S....
View ArticleThe Role of the Rich in Causing and Amplifying the Great Recession
The role of the rich in causing and amplifying the Great Recession is addressed in a recent paper (Bakker and Felman 2014). They conclude: “Our results suggest that the standard narrative of the Great...
View ArticleWealth Owned by Whites Widens Over Black Wealth
The Urban Institute dramatically depicts how the wealth owned by whites has been growing much faster than the wealth owned by blacks.
View ArticleTop 1% Income and Wage Gains
What percent of inflation-adjusted income gains did the top 1% capture between 2009 and 2013. (Note this includes capital gains.) In the wake of the Great Recession, the top 1 percent of households...
View ArticleCorrelation between Decline in Unionization and Inequality
“We examine the causes of the rise in inequality and focus on the relationship between labor market institutions and the distribution of incomes, by analyzing the experience of advanced economies since...
View ArticleSurvival of the ‘Socially Fit’
Wealth and Power May Have Played a Stronger Role Than ‘Survival of the Fittest’ Survival of the ‘socially fit’ “Wealth and power may have played a stronger role than ‘survival of the fittest': … In a...
View ArticleThe Wealthy and Corporations are Hiding Their Wealth and Profits in Overseas...
I. The Wealthy are Hiding $21 to 32 Trillion in Offshore Accounts “Wealthy people were hiding between $21 and $32 trillion in offshore jurisdictions around the world as of 2012, according to a 2012...
View ArticleInteresting Factoid – George Romney
Via Wonkblog: George Romney, father of Mitt Romney, turned down a $100,000 bonus in 1960—the eqivalent of $793,000 in 2015—because he didn’t think anyone needed to make that much more.
View ArticleIndex of My Research as of April 24, 2015
Index of My Research As of April 24, 2015 First is an alphabetical index, followed by a categorical listing. Alphabetical List of My Research 46.3 Million Americans on Food Stamps! Odds and...
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