Economic Nudity

[...] with so-called income inequality (by now you have figured out that I don’t care for the term). It’s based on a recent [...]

[...] like Sendhil Mullainathan’s perspective in his NY Times piece “A Top-Heavy Focus on Income Inequality“: I worry about growing income inequality. But I worry even more that the [...]

[...] Gregory Mankiw discusses an argument I hear most often when considering the issue of income inequality – lower income kids are born into an adversarial circumstance.  I can agree with this [...]

[...] The point being that there are significant deficiencies in using tax data to measure income inequality.  When guys like Mark Thoma and Robert Reich point to the undeniable inequality evinced by [...]

[...] The majority of our nation’s years have been spent without an income tax.  Why is that and why is the tax so widely accepted today?  Death and taxes, right?  Can you [...]

[...] in the last two years. Before going any further we must return to the facts about minimum wage workers from the Bureau of Labor Statistics: 3.3 million American workers paid minimum wage or [...]

[...] Great piece by Timothy Taylor laying out the basic characteristics of minimum wage workers.  Summarizing the data: 3.3 million American workers paid minimum wage or less Minimum [...]

[...] : Minimum wage logic: raising the minimum wage to (at least) $10.10/hr will be good for minimum wage workers. It will put more money in their pockets spurring economic growth. A few years ago, the [...]

[...] Thomas Piketty and I still disagree on the impact of the 1986 tax code on his recent bestseller, “Capital in the 21st Century“.  However, I do appreciate Russ Roberts [...]

[...] .  Income that never hit an individual’s tax return prior to the rate changes enacted via the tax code of 1986, now became reflected in individual income after an entity switched from C-Corp status [...]

[...] : World Top Incomes Database The point being that there are significant deficiencies in using tax data to measure income inequality.  When guys like Mark Thoma and Robert Reich point to the [...]

[...] charts not previously shared in my prior post.  The first: Remember Piketty uses tax data for his estimates.  The source of these charts can be found from the IRS here.  The table [...]

Calvin from Consumerism Commentary’s series Naked With Cash is recently divorced earning $120,000/yr as an IT project manager.  He is in his early [...]

I have been following Million Dollar Journey for some time now.  He had started his blog in 2006 with a net worth of $198,000 and a goal of having a [...]

Betsey from Consumerism Commentary’s series Naked With Cash is 27-year-old government analyst.  She is on the front end of her financial journey.  [...]

Calvin from Consumerism Commentary’s series Naked With Cash is recently divorced earning $120,000/yr as an IT project manager.  He is in his early [...]

I have been following Million Dollar Journey for some time now.  He had started his blog in 2006 with a net worth of $198,000 and a goal of having a [...]

Betsey from Consumerism Commentary’s series Naked With Cash is 27-year-old government analyst.  She is on the front end of her financial journey.  [...]

[...] Insight from Cafe Hayek patron Regan Taylor: Minimum wage logic: raising the minimum wage to (at least) $10.10/hr will be good for minimum wage workers. It [...]

[...] minimum car prices to help struggling car companies.  Regan Taylor phrased it well: Minimum wage logic: raising the minimum wage to (at least) $10.10/hr will be good for minimum wage workers. It [...]