Official income inequality statistics indicate a sharp rise in inequality over the past five decades. These statistics do not accurately reflect inequality because income is poorly measured, ...

Learn how the permanent income hypothesis explains spending based on expected long-term income and its implications for ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. This has always been a fairly desperate attempt to deny an obvious problem. At the ...

Will Wilkinson has a new paper out on inequality, which I will be blogging about later. But Ezra Klein has an interesting response, which focuses on the difference between income inequality and ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Robert Kelly is managing director of XTS Energy LLC, and has more than three ...

The more financially accessible an individual becomes without a clear structure, the more difficult it becomes for income to ...

The 2020 CARES Act directed large cash payments to households. We analyze households’ spending responses using high-frequency transaction data from a Fintech non-profit, exploring heterogeneity by ...