Tag Archives: income inequality

What Do the Top 0.1% in the US Earn?

Well as regular readers of this blog know, I like statistics. And I liked this table in today’s Real World Economics at: http://rwer.wordpress.com/2012/08/04/percent-of-income-earned-by-top-0-1-percent-of-taxpayers-6-countries-chart/ which shows just how increasingly skewed the share of US national income going to the top 0.1% … Continue reading

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How Unequal is the USA by International Comparison?

One way to measure inequality is the GINI index which would be 0.00 for a completely equal country and 1.00 for a country where a Bill Gates earned everything. The index is described at: http://en.wikipedia.org/wiki/Gini_coefficient The major international GINI index … Continue reading

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Wealth Inequality in America a Social Psychology Experiment by Dan Ariely

I like this piece by Dan Ariely on an experiment he performed on Americans of every social class/income level: See original blog at http://danariely.com/2010/09/30/wealth-inequality/ Perform the following thought experiment. Remove yourself for a moment from your present socioeconomic circumstances and imagine … Continue reading

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Mind the Gap: the Difference Between Productivity and Income Growth in the USA 1945-2010

There is a great post by David Ruccio on the Real World Economics site at  http://rwer.wordpress.com/2012/04/28/mind-the-gap-2/ on the massive gap between productivity and income growth in the USA in the period 1975-2010. I am sure this picture would be reflecting … Continue reading

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Top 1% Share of US National Income Peaked in 1929 and 2007

Source: http://www.aflcio.org/corporatewatch/paywatch/

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Mitt Romney and the Politics of Envy

Another great piece from Paul Krugman via 3 Quarks Daily and the New York Times: See: http://krugman.blogs.nytimes.com/2012/01/12/be-vewy-vewy-quiet/?smid=tw-NytimesKrugman&seid=auto Be Vewy, Vewy Quiet Andy Rosenthal gets a bit of a laugh out of Mitt Romney’s insistence that the only reason anyone would talk about … Continue reading

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A More Equal Christmas to All Our Readers: Occupy the Future!

I can’t think of a better article to post on Christmas Day than this piece via 3 Quarks Daily from Nobel Prize winning economist Kenneth Arrow.  Economics and Inequality Kenneth Arrow This article is part of Occupy the Future, a forum … Continue reading

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