Myth of a Stagnate Middle Class

Posted: January 24, 2013 | Author: | Filed under: Income Gap, Inequality | Leave a comment »

http://professional.wsj.com/article_email/SB10001424127887323468604578249723138161566-lMyQjAxMTAzMDIwNDEyNDQyWj.html?mod=wsj_valettop_email

The Numbers Racket

Posted: July 30, 2012 | Author: | Filed under: Income Gap, Uncategorized | Leave a comment »

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The Numbers Racket

Thomas Sowell – Is “Income Stagnation” an Economic Myth?

Posted: August 28, 2011 | Author: | Filed under: Income Gap, Inequality, Rich | Leave a comment »

http://www.youtube.com/watch?v=WrtoSx-NbLQ

Responsibility to the Poor

Posted: March 29, 2010 | Author: | Filed under: Free markets, Income Gap, Inequality, Poverty | Leave a comment »

http://www.youtube.com/watch?v=Rls8H6MktrA&feature=related

Scratching By: How Government Creates Poverty As We Know It

Posted: February 10, 2010 | Author: | Filed under: Income Gap, Inequality, Poverty, Welfare | Leave a comment »

http://www.thefreemanonline.org/featured/scratching-by-how-government-creates-poverty-as-we-know-it/

Dirty Little Secret of Poverty

Posted: February 10, 2010 | Author: | Filed under: Foreign Aid, Income Gap, Inequality, Poverty, Welfare | Leave a comment »

“…the dirty little secret of global poverty: some of the most wretched suffering is caused not just by low incomes but also by unwise spending by the poor…Our interviews and perusal of the data available suggest that the poorest families in the world spend approximately 10 times as much (20 percent of their incomes on average) on a combination of alcohol, prostitution, candy, sugary drinks and lavish feasts as they do on educating their children (2 percent).”

http://www.nytimes.com/2009/08/23/magazine/23Women-t.html

Poverty Study Guide

Posted: February 10, 2010 | Author: | Filed under: Income Gap, Inequality, Patneralism, Poverty, Uncategorized, Welfare | 1 Comment »

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Poverty Study Guide

This eight-page study guide was distributed to students who attended FEE and Economic Thinking seminars and presentations on the current NFL debate topic calling for increases social services for those living in poverty. These articles suggest that current state and federal regulations, mixed with mismanaged social services, tend to make life worse for the those living in poverty in the U.S.

http://fee.org/wp-content/uploads/2010/02/SocServMTTCAI-Fall09.pdf

Download the Study Guide

Daniel J. SmithSent Via Mobile Phone

Misdirecting charity by perpetuating the myth of widespread hunger in America – Dr. Donald Boudreaux

Posted: February 10, 2010 | Author: | Filed under: Corruption, Economic Freedom, Economic Growth, Income Gap, Inequality, Poverty | Leave a comment »

http://augustafreepress.com/2010/02/09/misdirecting-charity-by-perpetuating-the-myth-of-widespread-hunger-in-america/

Poverty and Income Mobility

Posted: January 12, 2010 | Author: | Filed under: Income Gap, Poverty, Social Mobility | Leave a comment »

http://online.wsj.com/article/SB122143692536934297.html

What is also striking about the data is that the poor today are, in general, not the same people who were poor even a few years ago. For example, the new Census data find that only 3% of Americans are “chronically” poor, which the Census Bureau defines as being in poverty for three years or more. Many of the people in the bottom quintile of income earners in any one year are new entrants to the labor force or those who are leaving the labor force. Obviously, there is also a significant core of truly poor people in this group, but that core is drastically less than 100%.

http://www.cato.org/pub_display.php?pub_id=3773

“Alan Blinder of Princeton emphasized this point in a 1980 study: “The richest fifth of families supplied over 30% of the total weeks worked in the economy,” he wrote, “while the poorest fifth supplied only 7.5%. Thus, on a per-week-of-work basis, the income ratio between rich and poor was only 2-to-1. This certainly does not seem like an unreasonable degree of inequality.”

“To repeat, there is no evidence that it has become harder to get ahead through hard work at school and on the job. Efforts to claim otherwise appear intended to make any gaps between rich and poor appear unfair, determined by chance of birth rather than personal effort. Such efforts require both a denial that progress has been widespread and an exaggeration of income differences.”

http://www.cato.org/pub_display.php?pub_id=5975

http://www.cato-unbound.org/2009/10/14/lane-kenworthy/is-consumption-the-grail-for-inequality-skeptics/

http://www.thefreemanonline.org/featured/income-mobility-alive-and-well/ (Income Mobility: Alive and Well by David Henderson)

Kling on Status Competition and Concentration of Political Power

Posted: November 11, 2009 | Author: | Filed under: Income Gap, Inequality, Politics | Leave a comment »

http://econlog.econlib.org/archives/2009/11/status_competit.html

Landsburg: The Times, They’ve Been a Changin’

Posted: November 4, 2009 | Author: | Filed under: Income Gap, Inequality, Prosperity | Leave a comment »

http://www.thebigquestions.com/2009/11/04/the-times-theyve-been-a-changin/

Louis C.K. Everythings Amazing & Nobodys Happy

Posted: November 3, 2009 | Author: | Filed under: Free markets, Income Gap, Inequality | Leave a comment »

http://www.youtube.com/watch?v=8r1CZTLk-Gk

Global Inequality Is Down

Posted: November 1, 2009 | Author: | Filed under: Income Gap, Inequality, Uncategorized | Leave a comment »

Inequality Is Down

“We … estimate the income distribution for 191 countries between 1970 and 2006. … Using the official $1/day line, … world poverty rates have fallen by 80% from 0.268 in 1970 to 0.054 in 2006. The corresponding total number of poor has fallen from 403 million in 1970 to 152 million in 2006. … We also find similar reductions in poverty if we use other poverty lines. …

Global income inequality has fallen between 1970 and 2006. This is true for the Gini coefficient, for a wide variety of Atkinson indexes and General Entropy indexes as well as the 90th-to-10th and the 75th-to-25th percentile ratios. …

Total growth in world welfare measured is estimated to be between 77% and 160%, with most estimates over 100%. At the regional level … whenever GDP grows, poverty tends to decline and whenever poverty declines, GDP tends to grow. Poverty has declined substantially in East and South Asia, and has recently began declining in Africa.

Global change is of course what matters most. If the price of making the world’s poor richer has been slower gains for the least rich of rich nations, it seems a good deal overall.”

Daniel J. SmithSent Via Mobile Phone

Hanson on Beauty Inequality

Posted: October 19, 2009 | Author: | Filed under: Income Gap, Inequality | Leave a comment »

http://www.overcomingbias.com/2009/10/unequal-beauty-silence.html

John Nye on Inequality and Positional Goods

Posted: October 16, 2009 | Author: | Filed under: Income Gap, Inequality | Leave a comment »

http://www.cato-unbound.org/2009/10/16/john-v-c-nye/why-things-will-feel-worse-as-they-get-better-the-downside-of-growing-consumption-equality/

Income Inequality

Posted: October 13, 2009 | Author: | Filed under: Income Gap | Leave a comment »

http://www.cato-unbound.org/2009/10/12/will-wilkinson/economic-inequality-and-the-mirage-of-injustice/

Why CEO Pay Did Not Cause the Financial Crisis

Posted: September 24, 2009 | Author: | Filed under: CEO Pay, Financial Crisis, Financial Regulation, Housing Bubble, Income Gap | Leave a comment »

http://online.wsj.com/article/SB10001424052970204488304574429293838639418.html?mod=djemEditorialPage

Ricardo’s Difficult Idea – Krugman

Posted: September 13, 2009 | Author: | Filed under: Economics, Free Trade, Greed, Income Gap | Leave a comment »

http://web.mit.edu/krugman/www/ricardo.htm

To Reduce Wealth or Poverty?

Posted: September 2, 2009 | Author: | Filed under: Income Gap, Poverty | Leave a comment »

http://www.acton.org/publications/randl/rl_article_205.php

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