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December 18, 2023
The State of Democratic Capitalism: 2023
…— six years after the financial crisis — for the median inflation-adjusted wages to return to its level in 2007 level. For six years, over half of workers lost ground. It is…
December 14, 2023
The Myth of the 1%
…and more women have entered the workforce. This considerable improvement in Americans’ well-being is more striking than the share of income accruing to the country’s highest earners. Compare a median-income household to…
December 15, 2022
The Myth of Income Stagnation
…confirm that the conventional wisdom is off-base. According to the CBO, median household income from market activities – labor, business, and capital income, as well as retirement income from past…