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Skill-biased Technological Change
Causes of income inequality in the United States describes the reasons for the unequal distribution of income in the US and the factors that cause it to change over time. This topic is subject to extensive ongoing research, media attention, and political interest. Income inequality in the United States grew significantly beginning in History of the United States (1945–1964), the early 1970s, after Great Compression, several decades of stability. The US consistently exhibits higher rates of income inequality than most developed nations, arguably due to the nation's relatively less regulated markets.Weeks, J. (2007)Inequality Trends in Some Developed OECD countries In J. K. S. & J. Baudot (Ed.), ''Flat World, Big Gaps'' (159–74). New York: ZED Books (published in association with the United Nations). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Top1percentUSA
8 (eight) is the natural number following 7 and preceding 9. Etymology English ''eight'', from Old English '', æhta'', Proto-Germanic ''*ahto'' is a direct continuation of Proto-Indo-European '' *oḱtṓ(w)-'', and as such cognate with Greek and Latin , both of which stems are reflected by the English prefix oct(o)-, as in the ordinal adjective ''octaval'' or ''octavary'', the distributive adjective is '' octonary''. The adjective ''octuple'' (Latin ) may also be used as a noun, meaning "a set of eight items"; the diminutive '' octuplet'' is mostly used to refer to eight siblings delivered in one birth. The Semitic numeral is based on a root ''*θmn-'', whence Akkadian ''smn-'', Arabic ''ṯmn-'', Hebrew ''šmn-'' etc. The Chinese numeral, written ( Mandarin: ''bā''; Cantonese: ''baat''), is from Old Chinese ''*priāt-'', ultimately from Sino-Tibetan ''b-r-gyat'' or ''b-g-ryat'' which also yielded Tibetan '' brgyat''. It has been argued that, as the cardinal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Shares Of Top 1 Percent 1980 And 2000 - V1
Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For example, a person's income in an economic sense may be different from their income as defined by law. An extremely important definition of income is Haig–Simons income, which defines income as ''Consumption + Change in net worth'' and is widely used in economics. For households and individuals in the United States, income is defined by tax law as a sum that includes any wage, salary, profit, interest payment, rent, or other form of earnings received in a calendar year.Case, K. & Fair, R. (2007). ''Principles of Economics''. Upper Saddle River, NJ: Pearson Education. p. 54. Discretionary income is often defined as gross income minus taxes and other deductions (such as mandatory pension contributions), and is widely used as a basis to com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steven Kaplan (economist)
Steven Neil Kaplan (born 1959) is the Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business. He started teaching at the business school in 1988, and was named Neubauer Professor in 1999. He is also the Kessenich Faculty director of the Polsky Center for Entrepreneurship, at the university. Early life and education Kaplan received his AB, summa cum laude, in applied mathematics and economics from Harvard College in 1981 and earned a PhD in business economics from Harvard University in 1988. Teaching Kaplan teaches advanced courses in corporate finance and entrepreneurial finance. His areas of expertise are: Venture Capital, Corporate Governance, Private Equity, Mergers and Acquisitions, Boards of Directors, and E-Commerce. He was named one of the top twelve business school teachers in U.S., Business Week, 1994, and one of the top four business school entrepreneurship professors in U.S., Business ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Chicago
The University of Chicago (UChicago, Chicago, or UChi) is a Private university, private research university in Chicago, Illinois, United States. Its main campus is in the Hyde Park, Chicago, Hyde Park neighborhood on Chicago's South Side, Chicago, South Side, near the shore of Lake Michigan about from Chicago Loop, the Loop. The university is composed of an College of the University of Chicago, undergraduate college and four graduate divisions: Biological Science, Arts & Humanities, Physical Science, and Social Science, which include various organized departments and institutes. In addition, the university operates eight professional schools in the fields of University of Chicago Booth School of Business, business, Crown Family School of Social Work, Policy, and Practice, social work, University of Chicago Divinity School, divinity, Graham School of Continuing Liberal and Professional Studies, continuing studies, Harris School of Public Policy, public policy, University of Chi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glen Weyl
Eric Glen Weyl (born May 6, 1985) is an American economist at Microsoft Research, and a co-author (with Eric Posner) of the book ''Radical Markets: Uprooting Capitalism and Democracy for a Just Society''. Weyl helped create a collective decision-making procedure known as quadratic voting, designed to allow fine-grained expression of how strongly voters feel about an issue, and also a method of democratically disbursing resources known as quadratic funding. Early life and education Weyl was born in San Francisco, and grew up in Palo Alto, California. He is Jewish. Growing up, his family favored the Democratic Party. In his youth, Weyl embraced free-market beliefs after being introduced to the works of Ayn Rand and Milton Friedman. Weyl graduated from Choate Rosemary Hall in 2003, where he won the Douglass North award for economics and the William Gardner and Mary Atwater Choate Award for outstanding male scholar. He went on to attend Princeton University, where four years late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eric Posner
Eric Andrew Posner (; born December 5, 1965) is an American lawyer and legal scholar. As a law professor at the University of Chicago Law School, Posner has taught international law, contract law, and bankruptcy, among other areas. He is the son of retired Seventh Circuit Judge Richard Posner. Education Posner attended Yale University, earning B.A. and M.A. degrees in philosophy, ''summa cum laude''. and received his J.D. degree, ''magna cum laude'', from Harvard Law School in 1991. He clerked for Judge Stephen F. Williams of the D.C. Circuit. Career Posner started his teaching career at the University of Pennsylvania Law School from 1993 to 1998. In 1998, Posner joined the University of Chicago Law School, where he is now the Kirkland and Ellis Distinguished Service Professor of Law and Esther Kane Research Chair. He has also been a visiting professor at Columbia Law School and NYU School of Law. From 1998 to 2011, he was an editor of '' The Journal of Legal Studie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emmanuel Saez
Emmanuel Saez (born November 26, 1972) is a French-American economist who is a professor of economics at the University of California, Berkeley. His work, done with Thomas Piketty and Gabriel Zucman, includes tracking the incomes of the poor, middle class and rich around the world. Their work shows that top earners in the United States have taken an increasingly larger share of overall income over the last three decades, with almost as much inequality as before the Great Depression. He recommends much higher marginal tax rates, of up to 70% or 90%. He received the John Bates Clark Medal in 2009, a MacArthur "Genius" Fellowship in 2010, and an honorary degree from Harvard University in 2019. Education Emmanuel Saez graduated from the École normale supérieure in 1996 where he studied mathematics and economics. He then received his Ph.D. in economics from the Massachusetts Institute of Technology (MIT) in 1999. Research Saez has written extensively on the theory of optimal tax ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trans-Pacific Partnership
The Trans-Pacific Partnership (TPP), or Trans-Pacific Partnership Agreement (TPPA), was a proposed trade agreement between 12 Pacific Rim countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the United States. In the US, the proposal was signed on 4 February 2016 but not ratified as a result of significant domestic political opposition; both Hillary Clinton and Donald Trump opposed the agreement during their 2016 presidential campaigns, however Hillary Clinton was originally in support. After taking office, President Trump formally withdrew the United States from the TPP in January 2017, ensuring it could not be ratified as required and did not enter into force. The remaining countries negotiated a new trade agreement called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which incorporated most of the provisions of its successor and entered into force on 30 December 2018. The TPP beg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Center For Economic And Policy Research
The Center for Economic and Policy Research (CEPR) is an American think tank that specializes in economic policy. Based in Washington, D.C. CEPR was co-founded by economists Dean Baker and Mark Weisbrot in 1999. Considered a left-leaning organization, notable CEPR contributors include Nobel Memorial Prize in Economic Sciences recipients Joseph Stiglitz and Robert Solow. History Politically, CEPR has been described as both progressive and left-leaning. Issues United States Healthcare CEPR supports the Affordable Care Act (ACA) stating that it is "a family-friendly policy" and that the policy "has allowed thousands of workers to voluntarily reduce their work hours to care for children or elderly parents, or to explore new opportunities." Despite the increase in the percentage of workers employed on a part-time basis, CEPR concluded that such statistics were not sufficient to make any overall judgments on the health of the labor market. Employment CEPR backs alongsid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Policy Institute
The Economic Policy Institute (EPI) is a 501(c)(3) organization, 501(c)(3) non-profit think tank based in Washington, D.C., that carries out economic research and analyzes the economic impact of policies and proposals. Affiliated with the Labor unions in the United States, labor movement, the EPI is usually described as presenting a Left-wing politics, left-wing and pro-Trade union, union viewpoint on public policy issues. Since 2021, EPI has been led by economist Heidi Shierholz, the former chief economist of the United States Department of Labor, Department of Labor. EPI has an advocacy arm, EPI Action, which is a 501(c) organization#501(c)(4), 501(c)(4) group. History EPI was founded in 1986 by economists Jeff Faux, Lester Thurow, Ray Marshall, Barry Bluestone, Robert Reich, and Robert Kuttner. Since 2021, Heidi Shierholz has served as its president. Shierholz succeeded Thea Lee, who was named Deputy Undersecretary for International Affairs at the Department of Labor appointmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Atlantic
''The Atlantic'' is an American magazine and multi-platform publisher based in Washington, D.C. It features articles on politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston as ''The Atlantic Monthly'', a literary and cultural magazine that published leading writers' commentary on education, the abolition of slavery, and other major political issues of that time. Its founders included Francis H. Underwood and prominent writers Ralph Waldo Emerson, Oliver Wendell Holmes Sr., Henry Wadsworth Longfellow, Harriet Beecher Stowe, and John Greenleaf Whittier. James Russell Lowell was its first editor. During the 19th and 20th centuries, the magazine also published the annual ''The Atlantic Monthly Almanac''. The magazine was purchased in 1999 by businessman David G. Bradley, who fashioned it into a general editorial magazine primarily aimed at serious national readers and " thought leaders"; in 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System. The WTO is the world's largest international economic organization, with 166 members representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, trade in services, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, Import quota, quotas, and other Trade barrier, restrictions; these agreements are signed by representatives of member governments. (The document's printed folio numbers do not match the PDF page numbers.) and ratified by their legislatures. It also administers independent dispute resolution for enforcing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
