I often start the first-year managerial economics classes I teach by showing a graph to my MBA students (see below). It shows that in 1951, middle-income Indians (from the middle 40 th percentile, ...
In this week’s episode, Professor Richard Wolff discusses how Marx’s class analysis presents a solution to today’s inequality and the challenges to overcoming it we have faced throughout history. In ...
Tight labor markets shrink income inequality by causing employers to bid up the price of scarce labor, so policymakers fretting about income inequality could give an epidemic disease a try. This might ...
Earnings inequality in America has increased since 1979 — that much we know. But why and what to do about it is murky — in part because we’re not all talking about the same group of people when we ...
The themes of economic mobility and rising inequality will likely serve as the centerpiece of President Barack Obama’s State of the Union address next week. In the months leading up to the speech the ...
Show values that satisfy an inequality on a set of axes by drawing the line of the corresponding equation and shading the area specified in a question. Include a dashed line for inequalities where the ...
Editor’s Note: Errol Louis is the host of “Inside City Hall,” a nightly political show on NY1, a New York all-news channel. Less than a month into his new job, New York City Mayor Bill de Blasio is on ...