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Bruce Sacerdote, Professor of Economics at Dartmouth College, has submitted a new paper to the National Bureau of Economic Research tackling a vexing measurement error problem in tracking the growth of income over the past fifty years. Despite popular perceptions … Continue reading
By Steve Buckstein The debate over “income inequality” has simmered for some time, but now seems to be upfront as a key dividing line in American politics. President Obama uses the concept to make his case for raising the federal minimum wage. … Continue reading