The Poor Aren’t Getting Poorer

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

Posted by at 05:00 | Posted in Economy, Housing, inequality, Poverty, Uncategorized | Tagged , | Leave a comment

How to End Poverty

President Johnson declared a “war on poverty” back in 1964 when the poverty rate was 19 percent. In the 48 years since, we’ve spent over 12 trillion tax dollars fighting poverty. The rate dipped below 11 percent in 1973, but … Continue reading

Posted by at 11:00 | Posted in Economy | Tagged , , , | 48 Comments

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