The federal minimum wage today stands at $7.25 per hour, unchanged since 2009 despite rising prices and rising nominal wages for other workers. Indeed, the purchasing power of the minimum […]
Category: Research & Analysis
The following is an excerpt from After Piketty: The Agenda for Economics and Inequality, edited by J. Bradford DeLong, Heather Boushey, and Marshall Steinbaum and published by Harvard University Press: […]
In this installment, Equitable Growth’s Executive Director and Chief Economist Heather Boushey talks to Brad DeLong of the University of California, Berkeley and Marshall Steinbaum of the Roosevelt Institute, her fellow editors of the soon-to-be-released...
The ability of minimum-wage policies in the United States to aid lower-income families depends on how they affect wage gains, potential job losses, and other sources of family income, including […]
In an interview with the Associated Press late last week, President Donald Trump said that he would release his tax plan tomorrow. Senior administration officials have subsequently walked back the […]
Equitable Growth in Conversation: an interview with William A. Darity Jr. (“Sandy”) of Duke University
Equitable Growth’s Research Director John Schmitt talks with economist William A. Darity Jr. (“Sandy”), the Samuel DuBois Cook Professor of Public Policy at Duke University’s Sanford School of Public Policy, about the importance of stratification...
Overview The U.S. economy has a “market power” problem, notwithstanding our strong and extensive antitrust institutions. The surprising conjunction of the exercise of market power with well-established antitrust norms, precedents, […]
Do product innovations affect economic inequality? In a new working paper published today, I find that shifts in income distribution in the United States lead to product innovations that target […]
Overview The U.S. tax system is used as a tool for accomplishing many different policy priorities, one of which is to support charitable organizations and the work that they do […]
The federal tax reform blueprint developed by Speaker of the House Paul Ryan (R-WI) and his colleagues in the majority in the House of Representatives combines lower tax rates for […]