Assorted content for your weekend reading.
- Bryce Covert weighs in on the IMF’s latest study showing a connection between stronger trade unions and greater income equality: While it can be hard to say for sure whether the decline in unionization is a direct cause of growing income inequality, they found that it is a “key contributor” to steep increases in income at the top, which holds true even after they controlled for other factors such as shifts in political power, labor market trends like the growing power of Wall Street and deindustrialization, and top marginal tax rates.
The authors (Read more…)
Animated GIFs and image macros are more popular than ever. And yet we almost never know who created these ubiquitous images.