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Conventional wisdom states that the economic well-being of all but the wealthiest Americans has stagnated or declined over the past twenty-five years. In Prices, Poverty, and Inequality: Why Americans Are Better Off Than You Think, Christian Broda and David E. Weinstein argue that this idea is based on misleading measurements...
The Occupiers are right about American incomes: They've definitely grown more unequal. But this fact presents three inconvenient truths for the Occupy Wall Street movement.
If you want redistribution, you better first produce growth. Which the Obama Democrats' policies have failed to do.
Adjusting poverty measures to account for the benefits of product improvements reveals that Americans in every income group are better off than they were twenty-five years ago.
Prices, Poverty, and Inequality offers an accurate--and encouraging--picture of economic well-being in the United States.
In short, Obama hates the pipeline deal because it is both symbolically and concretely an issue that drives a wedge straight through his base and his reelection spin.
I was initially assigned the working title, "Pursuing Equality in Health Care for the Elderly Is Futile." I prefer to think of that particular dead end of health policy as one of listening to the wrong music for too long. Hence, this article revises the title song of the movie, Urban Cowboy, to "Looking for better health [rather than either "love" or "love of equality"] in all the wrong places.







