After I was born in 1971, the world went to shit. Wages stopped growing along with productivity, governments wasted trillions of dollars, saving became pointless and inequality spiraled out of hand. I'm

In this post, I ask why anyone who cares about the economy should also care about economic inequality in advanced countries. I review standard arguments and evidence on the associations and causal pathways

Higher taxes only lead to more money for corrupt politicians (sorry for the pleonasm), less business investment, less technological development, thus higher prices and less welfare for poor people.