Faced with the collapse of their argument that income inequality has risen dramatically in recent decades, Sen. Elizabeth Warren’s favorite economists have come back with an even more audacious claim.

Thousands of fast food workers took to the streets this week, staging strikes in protest over their low pay. In states where the minimum wage has not been raised above the federal level, if a worker ...

Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...