A number of you have asked me what I think of their response. The first thing I noticed is that Auten and Splinter make several major criticisms of PSZ, and yet PSZ respond to only one of them. On the others they are mysteriously silent. The second thing I noticed is that PSZ have been […]
The Piketty-Saez-Zucman response to Auten and Splinter
The Piketty-Saez-Zucman response to Auten and Splinter
17 Dec 2023 Leave a comment
in applied price theory, econometerics, economic history, entrepreneurship, financial economics, income redistribution, labour economics, politics - USA, poverty and inequality, Public Choice, public economics Tags: top 1%
America’s top one percent has not been seeing a rising income share
18 Nov 2023 Leave a comment
in economic history, entrepreneurship, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, public economics Tags: top 1%
That is the topic of my latest Bloomberg column. The opener is this: Can a single self-published paper really refute decades of work by three famous economists? If the paper is the modestly titled “Income Inequality in the United States: Using Tax Data to Measure Long-Term Trends,” then the answer — with qualifications — is yes. And…
America’s top one percent has not been seeing a rising income share
Liberal Hypocrisy is Fueling American Inequality. Here’s How. | NYT Opinion well worth watching
04 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of education, economics of regulation, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, public economics, rentseeking, urban economics Tags: housing affordability, top 1%, zoning
The Myth Of American Inequality
02 Oct 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, economics of education, economics of regulation, entrepreneurship, human capital, labour economics, labour supply, poverty and inequality Tags: top 1%
Veteran lefty concedes that most fortunes are self-made
01 May 2022 Leave a comment
in economics of education, entrepreneurship, financial economics, human capital, income redistribution, industrial organisation, labour economics, occupational regulation, politics - New Zealand, poverty and inequality, Public Choice, public economics, survivor principle Tags: top 1%
Thomas Piketty on the Politics of Equality | Conversations with Tyler
21 Apr 2022 Leave a comment
in applied price theory, economic history, economics of education, history of economic thought, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, public economics Tags: envy, top 1%
Debating Income Inequality: What’s the Problem? What’s the Solution?
31 Dec 2021 Leave a comment
in economics of education, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: top 1%
The Economics of Inequality | John Cochrane
30 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of education, entrepreneurship, financial economics, history of economic thought, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: creative destruction, top 1%
The 2012 Martin Feldstein Lecture: Executive Compensation and Corporate Governance in the US: Perceptions, Facts, and Challenges
29 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of education, entrepreneurship, history of economic thought, human capital, income redistribution, industrial organisation, international economics, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality, Public Choice, survivor principle Tags: creative destruction, superstars, top 1%
Liberal Hypocrisy is Fueling American Inequality. Here’s How. | NYT Opinion
21 Nov 2021 Leave a comment
in economics of education, human capital, income redistribution, labour economics, labour supply, politics - USA, poverty and inequality, Public Choice, public economics Tags: offsetting behaviour, top 1%, unintended consequences
I usually stop reading at the first mention of the @UN
02 Nov 2021 Leave a comment
in applied price theory, development economics, economic growth, economics of bureaucracy, entrepreneurship, growth disasters, growth miracles, income redistribution, industrial organisation, international economics, macroeconomics, Marxist economics, Public Choice, public economics, rentseeking Tags: capitalism and freedom, The Great Enrichment, top 1%
When magical thinking becomes UK Labour policy
29 Sep 2021 Leave a comment
in economic growth, economics of education, entrepreneurship, human capital, income redistribution, labour economics, labour supply, Marxist economics, occupational choice, poverty and inequality, Public Choice, public economics Tags: envy, taxation and entrepreneurship, taxation and investment, taxation and labour supply, taxation and savings, top 1%
Stephen Machin: Changes in Labour Market Inequality
28 Sep 2021 Leave a comment
in applied price theory, economic history, economics of education, entrepreneurship, health and safety, history of economic thought, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: top 1%
Lost on @AOC @BERNIESANDERS
21 Sep 2021 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of bureaucracy, entrepreneurship, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, Joseph Schumpeter, labour economics, labour supply, liberalism, libertarianism, Marxist economics, occupational choice, poverty and inequality, property rights, Public Choice, public economics, survivor principle Tags: top 1%
Utopia, you are standing in it! 
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