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Must-Read: James Kwak: Greg Mankiw Forgot What He Teaches

Must-Read: James Kwak: Greg Mankiw Forgot What He Teaches: “Mankiw’s [Trans-Pacific Parnership] column is a perfect example of how ideology works…

…It provides a simple way to interpret the world — people who don’t agree with you are idiots or xenophobes — while sweeping aside inconvenient evidence to the contrary. And first-year economics is as powerful an ideology as we have in this country today…”

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Must-Read: James Kwak: Greg Mankiw Forgot What He Teaches

May 26, 2015

May 26, 2015

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon