I have been reading various takes on income inequality for some time. The topic has been hot over the past few years and seems to be picking up some steam upon the release of Thomas Piketty’s “Capital in the 21st Century”. I am reading this as well but it is important to note his research on the topic is not new. This has been an effort over a decade in the making and his research has been published and updated over the years. It is fair to say his book goes into more detail from a historical perspective and suggests policies to address the issue.
As I will be discussing this in depth, I thought it may be worthwhile to post some links to consider for the ensuing discussion.
- Piketty & Saez Research – “Income Inequality in the United States, 1913-1998”
- Various other essays from Emmanuel Saez
- Burkhauser, Larrimore, and Simon, “A “Second Opinion” on the Economic Health of the American Middle Class”
- Jared Bernstein via Center for American Progress, “Impact of Inequality on Growth”
- Alan Reynolds, “Has U.S. Income Inequality Really Increased?“
- Gregory Mankiw, “Defending the One Percent“
This knowledge lays the groundwork for an interesting discussion – more bits and pieces will be forthcoming. So let’s discuss.