Like Ross Douthat, I've been following the recent blog conversation about income inequality and income mobility. I'm not going to summarize the arguments about how closely they're connected--you ...
We hear a lot these days about “increasing income inequality” and “stagnating household income,” but those discussions rarely include what is probably the most important factor when it comes to income ...
The Pew Charitable Trust recently released new data on income mobility in the U.S., and the results are illuminating. Pew’s Economic Mobility Project examines income changes since 1968 for a broad ...
The median family income of a student from Bennett is $47,900, and 8.3% come from the top 20 percent. About 3.9% of students at Bennett came from a poor family but became a rich adult. A new study, ...
A new report by the Congressional Budget Office (CBO) offers new proof that many of America's poorest citizens are doing better than they were 14 years ago. Between 1991 and 2005, the average annual ...
Thanks to James Pethokoukis for his ongoing efforts to cite empirical evidence that exposes many of the myths about “exploding income inequality” and “wage stagnation” in America (see recent posts ...
One reason so many Americans tolerate inequality is their belief that it’s not a permanent condition. Yes, you might start out life without a lot of money. But if you work hard and play by the rules, ...
The median family income of a student from University of Toledo is $72,300, and 24% come from the top 20 percent. About 1.1% of students at University of Toledo came from a poor family but became a ...
How Many Democrats Will End Up Running on Hamas’s False Claims of Genocide? Three Theories of Hamas and the Trump Peace Deal Mamdani Math Audio By Carbonatix I don’t have particularly strong views on ...
Forbes contributors publish independent expert analyses and insights. I am Distinguished Professor of Economics Emeritus at Ohio University. A potential academic contretemps between some giants in the ...
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) ...