January 16, 2018 — There are lots of measures of inequality. If we are interested only in income distribution within the United States, it doesn’t matter much which one we look at: They all show rising inequality, as noted in my preceding blogpost. But when we look at inequality internationally, which measure we look at makes all the difference. Continue reading
January 5, 2018 — Inequality has been on the rise within the United States and other advanced countries since the 1980s and especially since the turn of the century. The possibility that trade is responsible for the widening gap between the rich and the rest of the population has of course become a major political preoccupation.
Nov. 10, 2017 — What does international trade have to do with US jobs? Surely the US trade deficit in manufacturing has reduced employment? Not as much as you would think, on net. Continue reading