Get the Think newsletter.SUBSCRIBEMarch 24, 2019, 3:57 PM GMTBy Ani BundelEven the best creators can have a hard time knowing when to stop. The sequel trap has tripped up many a beloved series, written and…
Wildly Wrong About Interest Rates, Jobs & Inflation
Today is the 10 year anniversary of one of those things that just stays with you. Get Ready for Inflation and Higher Interest Rates was a column by Art Laffer, published on this…
Wealth Ownership in America
This data series is simply astonishing: The top 0.1% of taxpayers (170,000 families) control 20% of American wealth, the highest share since 1929. The top 1% control 39% of U.S. wealth, and the bottom 90%…
Retirement Plans among Pre-retirement U.S. Households
Retirement Plans among Pre-retirement U.S. HouseholdsBy YiLi Chien, Research Officer and Economist, and Qiuhan Sun, Research AssociateFederal Reserve Bank of St. Louis, May 2, 2019 This post discusses the participation rate…
Markets Rally on Rate Cut Hopes
Hold aside the obvious contradiction for a moment — Why does the greatest economy ever necessitate rate cuts? — and consider for a moment the effective jawboning at the Federal Reserve. POTUS on down have…
Market Rally on Rate Cut Hopes
Hold aside the obvious contradiction for a moment — Why does the greatest economy ever necessitate rate cuts? — and consider for a moment the effective jawboning at the Federal Reserve. POTUS on down have…
Links 6/6/19
Dolphins Rescue an Exhausted Dog Drowning in Florida Canal in the Most Incredible Way Epoch Times (David L) Massive ladybug swarm over California shows up on radar Associated Press (David L) Metal foam stops .50…
Composition of Wealth Differs: Middle Class to the…
the differences in the composition of wealth between middle income, upper income, and ultra wealthy (top 1%) of American households to help us better understand the building blocks that make up net worth. Let’s dive…
On local norms and sentencing decisions
When in Rome... On local norms and sentencing decisions The rule of law in advanced democracies is based on the assumption that the law and itsapplication are the same for all citizens. However, research has…