Thursday, September 9, 2010

Required Reading

Larry Bartels in Slate on income inequality. Startling.
In all income categories except the 95th percentile, income growth rates under Democratic presidents exceeded income growth rates under Republican ones. That suggests greater income equality can coexist with (or even help create) greater prosperity.

1 comment:

Mike said...

Bartel’s methodology is interesting but fatally over-simplified. See here for my critique: http://sovereignmind.wordpress.com/2010/09/11/how-to-mislead-with-charts-whos-responsible-for-the-great-divergence/