Noah Smith has a new piece in The Atlantic today about wealth distribution (yes, it has to do with that dumb video). The refreshing part is, Noah’s… Read more “Noah Smith on Wealth and Inequality”
Tag: Income
Wrong, Wrong, Wrong
Earlier this week I said that I was confused why intelligent intellectuals are being drawn in by that highly misleading viral video, based on highly misleading data… Read more “Wrong, Wrong, Wrong”
Can Anyone Un-confuse Me?
I’m unhappy that I have to comment on the video below, but I don’t see that anyone else making the point. I am not at all “surprised”… Read more “Can Anyone Un-confuse Me?”
What about Gasoline?
Jim Tankersley takes Don Boudreaux and Mark Perry to task over at Wonkblog for their selective picking of “basic necessities”: It’s undeniable, and a great thing, that… Read more “What about Gasoline?”
The (Unnecessary) Annoyance that is Tax Day
April 15th is finally here, which means that most Americans will have hired someone to navigate the byzantine structure that is the 70,000 page tax code, the… Read more “The (Unnecessary) Annoyance that is Tax Day”
Personal Income Less Transfers
The chart below is real personal income less transfers. I used the personal consumption expenditure index to deflate the series. [Click on image to enlarge.] As you… Read more “Personal Income Less Transfers”