inequality

The April 1876 uprising is a landmark event in Bulgarian history. The motives for it lie in the dissatisfaction of some of the Bulgarians of the time with the Ottoman state power. The history of the uprising is often misused, but there are two neglected and important aspects in it. First of all: it covered settlements with …

Author: Frank Hollenbeck, Mises.org The gap between the rich and the poor continues to widen. In 1975, the top 1% of the U.S. population owned 8% of the economic wealth. Today, they own more than 20%. This is a striking change from the 1950s and 1960s, when the top 1% owned just over 10%. A study by Emmanuel Saez found that …

Author: Stefan Kichev For as long as there have been political debates, representatives of the left and the right have constantly claimed that they are the true advocates of freedom and justice, while at the same time fervently insisting that the other side preaches the opposite. This is, of course, possible, since we are talking about two different worldviews that lie …

A change in presidency will not reduce the amount of time and energy some people will spend debating the issue of growing inequality between rich and poor. In fact, I expect to see such debates become more frequent and more intense. I have written many articles and given many speeches on the issues, …

Brian Kaplan* I have just finished the unpublished collection Inequality and Economic Policy: Essays in Honor of Gary Becker, edited by Tom Church, Chris Miller, and John Taylor. For me, the most striking part of the text is John Korhane’s on inequality: “The most mysterious thing is why left critics focus on the one percent in …

When the French economist Thomas Piketty published his massive paper arguing that the steady rise in economic inequality was inevitable under capitalism, his thesis and its supposed and empirical basis quickly gained support among leftists, who echoed Piketty’s call for greater redistributive taxation. Other economists spent a lot of time …

Thomas Sowell The political slogan “War on Women” is actually a war on common sense. The statements of many politicians that women earn only 77% of men’s income and that the reason for this is discrimination are nothing more than statistical fraud. Women would definitely be discriminated against if they were doing the same …