Today, U.S. Senators Jeff Merkley (D-OR), Elizabeth Warren (D-MASS) and Bernie Sanders (I-VT) announced that Senate Democrats have launched a new website inviting Americans to share their personal stories of being impacted by the foreclosure practices of Donald Trump’s Treasury Secretary nominee, foreclosure king Steve Mnuchin. “Donald Trump’s choice of Mnuchin is not only a fundamental betrayal of his promise …
Why So Few American Economists Are Studying Inequality
Wealth at the top of the income distribution is skyrocketing, leading to growing inequality. This trend is especially pronounced in the United States. But much of the leading research on the topic isn’t coming from American economists. A French economist, Thomas Piketty, wrote the blockbuster 2013 book Capital in the 21st Century about the growth of extreme wealth inequality; Piketty and (French) Berkeley …