Greg Mankiw reports that Chetty/Saez’s recent study on income mobility finds that “91 percent of the variance [in a person’s income] is unexplained by ... [Read More]
Mankiw explains why it’s illogical to raise the minimum wage rather than the earned income tax credit
Advocates for raising the minimum wage complain that the wage hasn’t kept pace with inflation. They intentionally overlook a logical shift in policy ... [Read More]
