It is a commonplace that “neoliberal” thought and practice has an anti-redistributive bent. But dig a little deeper, and ...
There’s been a debate going on for a few years about whether the big rise in income inequality in the U.S. over the past three decades has been at least partly a political phenomenon or purely an ...
The 2021 Child Tax Credit (CTC) expansion increased government benefits to families, and especially to families with the lowest incomes. Economic theory predicts that this policy intervention would ...
The most definitive study of the U.S. national income appeared last week.* It was an eight-year study by the No. 1 student of what the U.S. earns for itself, University of Pennsylvania’s Simon Kuznets ...