income inequality

Thomas Piketty Is Right

Everything you need to know about 'Capital in the Twenty-First Century'

Here's everything you need to know about 'Capital in the Twenty-First Century'

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It's not about tearing the rich down. It's about raising everyone else up.

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It was not a good start to 2014 for Obama's big new push to rebalance the economy.

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Even Bill de Blasio Won't Be Able to Fix Income Inequality

As mayor, he'd be battling the one percent—and history

Mayor de Blasio would be battling the one percent—and history

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Why Liberals Should Oppose the Immigration Bill

It's about low-wage American workers

The consensus among decent people in favor of the immigration bill making its way through Congress is so firm that expressing dissent feels a bit like taking the floor to suggest we chop down the Redwood National Park. People don’t want to hear it, and they also think you’re a nut. That makes this article one of the hardest I’ve ever had to write. It’s not that I’m afraid people will get angry; it’s that I can’t imagine anyone on my side (liberal) is open to persuasion.

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Washington Is Not the Wealthiest Area in America

The press would have you believe it is. But the statistics tell a different story.

The press would have you believe it is. But the statistics tell a different story.

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The Six-Month Recovery

For the typical American, the economic rebound ended in May 2012

On the eve of the sequester, there's more bad news about the economy. Just last month, Berkeley economist Emmanuel Saez reported that during the first two years of the recovery (2009-2011) average market income for the top one percent in the income distribution grew by 11.2 percent while it shrank by 0.4 percent for everyone else. Saez didn't yet have distribution data for 2012 (and likely won't for many months).

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Raise the Minimum Wage!

And make it higher than what Obama just proposed

Barack Obama was right to propose a minimum-wage hike in his State of the Union Address. But his $9 an hour target was too cheap. And new research throws cold water on the old assumption that higher minimum wages cost jobs. 

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The One Percent Gobbled Up the Recovery, Too

In fact, it put the 99 percent back in recession

The one percent didn’t just gobble up all of the recovery during 2010 and 2011; it put the 99 percent back into recession.

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