emmanuel saez

Politics
The leap in their fortunes is thanks to the Trump tax cuts and lower interest rates.
Business
What won't work either is the blatant voter and collective bargaining-suppression laws enacted, or about to be enacted in
Business
It wasn't until the Reagan tax cuts that we stopped investing in those important elements that made US the superpower, and a middle class with the highest standard of living in the developed world.
Business
The rich have not only gotten wealthier since the financial crisis, but super-rich Americans have gotten disproportionately more wealthy than even the merely rich.
Politics
Moving right-to-work (for less) from the state to the county level is the latest tactic in the relentless campaign by CEOs and corporations to reverse gains made by workers in the 1930s New Deal.
Business
The salaries at Pimco confirm what researchers have been saying about income inequality in America: far more than the 1 percent, it’s the skyrocketing compensation of the 0.1 and 0.01 percent that are driving the rise in income inequality. Everyone – from the merely highly-paid to low-wage workers – is losing ground to the new income elite.
Business
Another important factor has been that incomes have stagnated for most Americans over the past few decades, once adjusted
Politics
Kopczuk said that he personally would not combine estate tax and survey data, but understood why, for a long time series
Business
Until 1970 wealth had been fairly evenly distributed so that the rising tide of economic growth lifted most boats, but then
Business
As the mission statement of the Center says: "New research suggests that growing inequality in the United States may have
Politics
Likewise, tax policy in 1930s was clearly driven by distributional worries. "Great accumulations of wealth cannot be justified
Business
Come March 1, we will begin to see how much damage the sequester agreement causes. A recent CNBC column by Larry Kudlow illustrates both the misconceptions and reason for the gridlock on avoiding across-the-board spending cuts of some $85 Billion to the federal budget.
Business
The problem is how to create enough new jobs to generate more demand for goods and services. And only government is in a position to do that at present. Nothing else will generate the growth we need.
Business
The Hunger Games is a riveting portrayal of how the young see the modern world, where a privileged elite has a "Stalin-like" control over who lives in plenty or poverty in a post-apocalyptic North America. The young just coming of age are not far from the truth.
Business
Saez, who's known for his work on the income gap, has highlighted a surprising and discouraging fact: during the post-recession
Politics
We can't simply tell a young generation that the American Dream is a nightmare for them. We can't have a prosperous economy if the middle class is sinking. We will not long be a democracy if the wealthiest pocket the rewards and check out of building the nation.
Business
Graham does not yet have enough data to determine whether attitudes toward inequality shifted after the financial crisis
Business
Visit msnbc.com for Breaking News, World News, and News about the Economy To get a sense of the disparity between Wall Street