Value Added – A blog

Our blog is the place where our staff and guest bloggers present clear, fact-based posts that make the connections between economic inequality and growth for the broad policy community and journalists based on the latest academic research.

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How inequalities of wealth matter for consumption

Inequality & MobilityTax & Macroeconomics
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Our Press corps appears to annoy FRBM head: Neel Kashkari: The extreme emotions around the labor market

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Out of the frying pan into the fire: Government as the problem in the 1970s and 1980s: Martin Feldstein (1979): Introduction to the American economy in transition

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Should-read: Alessandro Nicita, Marcelo Olarreaga, and Peri da Silva: A trade war will increase average tariffs by 32 percentage points

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Trump’s advisors recognize that his China tariff strategy calls for… What might you call it? A “Trans-Pacific Partnership”, perhaps?

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The rise of the Roman Empire was not due to wild dissipative partying: A.W. Lintott (1972): Imperial expansion and moraldsecline in the Roman republic

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If you did not read this a year and a half ago, go read it now: Emmanuel Saez (2016): Taxing the rich more—evidence from the 2013 federal tax increase

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Imposing tariffs on intermediate inputs is especially bad: Chad Brown: The element of surprise is a bad strategy for a trade war

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We are not yet at maximum feasible employment: Jared Bernstein: Employment breakeven levels: They’re higher than most of us thought