What do the three phrases in the title of this blog have in common? This is not a trick question, although some may be tricked by the rhetoric that has come from these. OK, you have had enough time to think about it. The answer is: Inequality is the “new” social justice term, median CEO […]
Archives
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Inequality, CEO Compensation and Thomas Piketty
27 May 2014
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Don’t Forget History
08 May 2014
Amity Shlaes has written a fine piece in National Review Online on one particular aspect of the Great Depression having to do with minimum wages (NRO, May 7, 2014). As she points out, recent research has changed the way we evaluate that event in economic history. In case you don’t remember, the dominant narrative had been that […]
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Minimum Wage Ad Hominem courtesy of the NYT
11 Feb 2014
The minimum wage continues to be pushed by those on the left as a way to confront income inequality. On the right, there are vigorous rebuttals, focusing mainly on both the theoretical and empirical case against price controls. The New York Times has come up with their spin on this, questioning the motives of those […]