Income Distribution (Macro)

Dividing the Pie (5/13/2010)

Over-extended American consumers provided the ultimate market for consumer goods exported from low-wage countries that are willing to sell on credit.

Keywords: cheap labor, credit, economic pie, globalization, imbalance, profit share, Reserve currency, saving rate, trade deficit, wage share

The Seduction of Cheap Labor (8/31/2005)

Cheap immigrant labor has kept labor-intensive lettuce farming in America that should perhaps have been offshored or mechanized.

Keywords: cheap labor, immigrant workers, immigrants, labor market, lettuce, offshoring, opportunity costs, wage

Two-tier Wages (2/10/2012)

Detroit Three's two-tier wage system may be the answer to the cost advantage of transplanted auto makers.

Keywords: antitrust, buyer's market, collective bargaining, monopoly

Wealth Inequality in America (3/6/2013)

Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is.

Keywords: wealth distribution, wealth inequality