Tag: Income Inequality
A recent National Bureau of Economic Research study by Emmanuel Saez and Gabriel Zucman finds that “the top 0.1% of [American] families now own roughly the same share of wealth as the bottom 90%.” Furthermore, the study shows that the “recovery” we keep hearing about hasn’t reached the middle class, with only those atop the economic pyramid seeing its benefits. With a…
The 2008 global financial crisis has had far-reaching implications, depressing markets for years. Charged with US monetary policy, the Federal Reserve Bank, with its mantra of “too big to fail,” is empowered to manage the economic downturn. The central bank’s monetary policies effectively redistribute wealth to the upper tiers of society — and the proof is…
C4SS Feed 44 presents David S. D’Amato‘s “The Libertarian Road to Egalitarianism” read by James Tuttle and edited by Nick Ford. But we needn’t regard inequality as a weak point in our arguments for economic freedom, or as an issue on which we simply cannot win. Existing economic relations are not the product of freedom of exchange or…