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  • income inequality

    Poll: Americans Reject Class Warfare Talk by Obama, Occupy Wall Street

    A new poll from Gallup suggests that President Obama’s class warfare argument and the Occupy Wall Street movement are failing to resonate with Americans — and might actually be backfiring. The new survey reveals that Americans today are less likely to think of the country as divided into “haves” and … More

    Income Inequality and the Founding Fathers

    What did America’s founders say about economic inequality? Rather than unload statistics about the reality of inequality in America today, which we have done on other occasions, this post considers inequality based on the economic principles on which our republic was founded. These principles remind us why economic inequality is … More

    Income Inequality vs. Wealth Inequality

    Recently, the Congressional Budget Office (CBO) released its latest statistics on income inequality. Economists, bloggers and others have been furiously debating their implications. Over at the American Enterprise Institute, Jim Pethokoukis has been bludgeoned by various left-wing bloggers for pointing out that the story of growth of income inequality is … More

    Income Inequality, One More Time

    This is part three in a debate with liberal blogger Tim Mitchell on whether income inequality is a problem. In part one I laid out why income inequality isn’t a problem. In part two I refuted arguments made by Mr. Mitchell. In this post I show why Mr. Mitchell’s arguments … More

    Why Does Income Inequality Matter?

    This is part one in a debate with liberal blogger Tim Mitchell on whether income inequality is a problem. In this post I lay out why income inequality isn’t a problem. For part one from Mr. Mitchell, click here.  When it comes to income inequality, the left argues that since 1979 the … More

    Trading Our Way out of Inequality

    Listening to liberals on the campaign trail or Lou Dobbs every night, one would think that U.S. trade with china has been a disaster for Americans. Not so says a new paper by University of Chicago colleagues John Romalis and Christian Broda. The American reports: According to their research, the … More

    American’s Wages Are Rising

    It is an unquestioned doctrine of faith on the left that the American worker has not shared in the United States phenomenal economic growth since the late 1970s. Supporting their claims, the left often points to data like the chart below showing median household income falling far behind gains in … More

    And The Poor Get Richer

    In the Wall Street Journal today American University and the University of Nevada at Reno economics professor Brad Schiller offers a great corrective to those who claim inequality is growing in the United States. First Schiller notes that while the share of the pie the bottom 20% of the population … More