Jim Pethokoukis provides a convenient summary of the various theories for why productivity growth has slowed. His list, however, doesn’t contain my ... [Read More]
IMF Study Finds Deep Flaws in Key Piketty Hypothesis
A new IMF study, Testing Piketty’s Hypothesis on the Drivers of Income Inequality: Evidence from Panel VARs with Heterogeneous Dynamics, by Carlos ... [Read More]
Rent Seeking by Any Name Isn’t a Key Driver of Income Inequality
Craig Pirrong shows that Robert Reich’s, Joe Stiglitz and Larry Summers’s claim that rising oligopolistic industry concentrations are responsible for ... [Read More]
