thomas piketty
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Study: The .01% Is the New 1%

Nov 12, 2014
Comparisons between post-2008 America and the economic quagmire of the 1930s have been circulating for years, but a new study out of the London School of Economics sets the country back even further -- and moves the decimal point back a couple of spaces on the 1 percent to highlight an even smaller and richer demographic.

Were Top Corporate Executives Really Hogging Workers’ Wages?

Sep 18, 2014
Thomas Piketty attributes rising inequality in the U.S. primarily to huge increases in the salaries of CEOs and other top executives, but he misinterprets the evidence. Rising salaries of top executives actually explain very little of the rise in inequality, and they depressed other employees’ pay by only a negligible amount.