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Tag Archives: income inequality
Piketty on the U.S. Presidential race
Piketty makes upbeat comments on Bernie Sanders and what he implies about US inequality trends. Just to pass on a very optimistic comment from Thomas Piketty, on our on-going struggle against the American convergence to a government controlled by an … Continue reading
TPP to Piketty – The Slow War
Trans Pacific Partnership, Retirement Security, and Piketty income inequality are backdrop to slow but very real warfare. The TPP issue is not an isolated topic but part of deep background to an unspoken but real efforts to change the structure … Continue reading
Posted in Economics
Tagged Danial Wasserman, Dean Baker, Dionne Searcey, Emmanual Saez, exchange rate, free trade, income inequality, Inverstor State Dispute Settlement, ISDS, James Surowiecki, Median wage, Michael Wasielewski, renminbi, Rich Peoples Rules, Robert Gebeloff, Slow Revolution, Thomas Piketty, TPP, Trans Pacific Partnership, yen
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David Brooks and The Inequality Problem problem
Brooks: Minimum Wage – not a problem, Income Inequality – what a sham! The Poor just gotta try harder! David Brooks published the Op Ed essay “The Inequality Problem” in the New York Times (Jan 17, 2014). His views are … Continue reading
Posted in Economics
Tagged David Brooks, income inequality, inequality, minimum wage, Saez and Piketty, zero sum game
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Minimum Wage – Poverty Level Wage – Unemployment – inequality
The Minimum Wage, Poverty Level Wage, and Unemployment Employment rates are part of the complex of forces driving American inequality. Minimum wage is in the news because in many localities the current $7.25 seems too low. Should there be a … Continue reading
Posted in Economics
Tagged Employment rate, income inequality, minimum wage, poverty level wage, Unemployment rate
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Greg Mankiw and the real Middle-Class
An article by N. Gregory Mankiw in the New York Times’ Sunday Business section (2012 Dec 30 paper) attempts to compare the current tax paid by the “top” 1% of the workers, that fraction who earn the most income (the … Continue reading
Without action we lose our energy future
Want to change the future history of energy? Political pressures are dictating what your grandchildren will study about the decline of American technology. But we can still change the text in their books. Current options for future energy supply … … Continue reading
Posted in Technology
Tagged 47%, Energy future, Fusion, fusion budget history, income inequality, Mitt Romney
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Income Inequality and Fusion Energy Research
America’s move to high inequality is correlated to its retreat from technical innovation. Joseph E Stiglitz’ essay in the 2012 Oct 26 CampaignStops blog of the New York Times is quite instructive. We outline his thinking, then move onward … Continue reading
Outsourcing and Offshoring Help The Income Pump
Krugman points out 2 ways to transfer income upwards – outsourcing and offshoring The process I call The Income Pump switched on in the 1981-82 time frame. Not sure what are all mechanical parts making up that pump, but it … Continue reading
Posted in Economics
Tagged income inequality, Income Pump, Krugman, offshoring, outsourcing, Saez
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The Conard justification – Income inequality
Conard’s upcoming book justifies uninterrupted income grab by the people who caused the mess. Edward Conard’s soon-to-be-released book is Unintended Consequences, Why Everything You’ve Been Told About The Economy Is Wrong . The New York Times devoted many pages to Conard … Continue reading
Posted in Economics
Tagged Adam Davidson, Edward Conard, income inequality, new york times, Unintended Consequences
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The American Income Pump matters to us
The Income Pump that started in 1981 has had huge impact on American Society, and not good. Our Page, The American Income Pump, summarizes a strange process that started about 1980 or 1981 and has continued through today. Consider all … Continue reading
Records of Inequality – Footprints in the sand 1
George Orwell missed by 4 years. Massive social changes have happened over the last 30 years. Our hugely powerful American society strongly differs from what it was then. This is the first of a series that will look at some … Continue reading
Posted in Economics
Tagged 30 year trends, Emmanual Saez, income inequality, new york times, Robert Reich, workforce evaluations
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Overstated gains? Income Inequality-4
The upper 1% incomes are blamed for our economic troubles, but the upper 0.01% are probably to blame Income inequality is a dangerous fact in American life, but there is a certain feel to the available data that make it … Continue reading
Posted in Economics
Tagged Emmanual Saez, Gretchen Morganson, income inequality, top 1% income, wealth distribution
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Elite Deserve What They Get – Income Inequality 3
Some say income inequality in the U.S. is neither unjust nor dangerous, but the purest form of American fairness. Our elite deserve all they get. This is a follow-on post to our main discussion in Zero Sum Games. Our Deserving … Continue reading
Posted in Economics
Tagged bryan york, diane rehm, income inequality, job creation, Paul Krugman, upward mobility
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The Poor Rich – Income Inequality 2
Some folks say that this income inequality thing has been blown all out of proportion. The upper groups aren’t doing so well, actually, because life is more challenging and expensive at that level. This is a follow-on post to our … Continue reading
Social Inequality – Zero Sum Games
Income shifts out of lower incomes into the upper levels, in a kind of zero sum game There has been an unusual stir in the recent news about the increase of income inequality in the United States. Wealthy households are … Continue reading
Posted in Economics
Tagged income inequality, inequality, James Steewart, median income, new york times, Paul Krugman, Robert Reich, Saez, Wealth
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