Post Tagged 'Economic inequality in the United States'

March 16, 2023

The Myth of American Inequality

The notion of rising income inequality has permeated modern American discourse and is assumed as inherent to our economic system such that any claim to the contrary is easily dismissed as ignorance or insincerity. Continue Reading...

September 14, 2016

The most surprising fact about American poverty

Every year, the U.S. Census comes out with its report on incomes and poverty. And every year the same finding repeatedly surprises me. As economist David Henderson says, the report “always shows that there is mobility between income categories, even in the short run, and that poverty is temporary for most people in America who experience it. Continue Reading...

September 14, 2016

7 Figures: Income and poverty in the U.S.

Yesterday the U.S. Census Bureau released its latest report on income and poverty in the United States. Here are seven figures from the report you should know about: 1. Real median household income increased 5.2 percent between 2014 and 2015—from $53,700 to $56,500. Continue Reading...