By Paddy Quick, It is always been true that the earnings of those with more education are, on average, greater than the earnings of those with less. But over the past 40 years or so, we have seen a very large increase in the number of years that people spend in formal education, but no … More Paddy Quick: Do workers benefit from increased education?
Unemployment is low and standard economic theory says that when unemployment drops, wages should rise. However, the latest Department of Labor report shows that even though unemployment has reached historic lows at 3.9%, wages are not rising. Why? TRNN explores the reasons with Prof. Robert Pollin
German Historical Institute London Date: 15-17 November 2018 Closing date: 28 February 2018 Economic inequality has become one of the most contentious political topics of our time, and statistics on income and wealth disparities have come to play an increasingly important role in modern political culture, influencing public debates about distributional questions, societal self-descriptions and … More 2018 Conference on The Global Knowledge of Economic Inequality: The Measurement of Income and Wealth Distribution since 1945
By Josh Bivens, Lora Engdahl, Elise Gould, Teresa Kroeger, Celine McNicholas, Lawrence Mishel, Zane Mokhiber, Heidi Shierholz, Marni von Wilpert, Ben Zipperer, and Valerie Wilson Americans have always joined together—whether in parent teacher associations or local community organizations—to solve problems and make changes that improve their lives and their communities. Through unions, people join together … More EPI: How today’s unions help working people
Steven Pressman, professor of economics at Colorado State University, delves into what defines the middle class and how it has been affected in recent years.
By Nancy Folbre, Researchers studying income distribution in the United States seem reluctant to acknowledge the family as an important unit of production and distribution. As a result, they often rely on statistics that provide a misleading picture of inequalities based on class, race or ethnicity, and especially gender. Incomplete definitions of both family and … More Why current definitions of family income are misleading, and why this matters for measures of inequality
By Pavlina R. Tcherneva Since the 1980s, economic recoveries in the United States have been delivering the vast majority of income growth to the wealthiest households. Little has changed when considering the distribution of average income growth in the current recovery (up to 2015) between the bottom 90 percent and top 10 percent of families, … More Inequality Update: Who Gains When Income Grows?