inequality

A recent literature has explored growing personal wealth inequality in countries around the world. This column explores the widening wealth gap between regions and across states in Europe. Using data going back to 1900, it shows that…

We see economic growth everywhere in the global economy for the first time in many years. Let's put this economic period in context and talk about opportunities and threats.

The question: When November comes, will voters shun the GOP because they dislike Trump or will they look at the economy and return the GOP back to two more years of total control?

There hasn’t been inflation in the economy since the early 1980s. It collapsed with the end of the Soviet Union and with the rise of China as a supplier for consumer goods.

Yesterday I promised you to “look at individual economic data points and tell you why I think they bolster the case for optimism about the economic trajectory.” But before I get into that let me tell you why I still worry about the…

There has been much debate on the determinants of the vote for Brexit. This column uses newly released data from the Understanding Society study to examine the characteristics of individuals who were for and against Brexit. Unhappiness…

This post is going to just be a collection of thoughts I have on the subject of helicopter money based on conversations I have had with people for and against the idea.

So where did they get the money? It's an all too familiar story. Inflows of foreign capital, mainly from Scandinavian banks, attracted by low interest rates and a population hungry for credit - credit advanced, of course, against…

What I am going to discuss today is financial gimmickry and wage growth. This piece is an outgrowth of a piece I am writing for the New York Times on corporate buybacks and capital investment plus a segment I recently did on Boom Bust at RT…

Today’s post is going to be short. The theme is income inequality. My thesis on this has been that globalization is a net transfer from the developed economy middle class to developed economy elites and the emerging market middle class. I…