Acton Institute Powerblog Archives

Post Tagged 'Income distribution'

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...

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...

A Policy Solution to Fix Inequality and Boost GDP

Andrew Biggs of AEI has a piece up today at Forbes addressing the gender pay gap and provides a neat solution: “forbid women from staying at home with their children.” As Biggs points out, such a policy would address perhaps the greatest root cause of gender pay inequality: varied work experience attributable to choices women make. Continue Reading...

How Growth Rates Lead to Flourishing

Why do some countries grow richer faster than others? How can we explain wealth disparities between countries? The answer: Growth rates. Economist Alex Tabarrok explains how even small changes to growth rates can have a big effect on the economy of a country—and on the flourishing of its citizens. Continue Reading...

Why Poverty Figures Can Be Misleading

What if told you that between 90-100 percent of Americans are living in “healthcare poverty.” You would probably object and say that while the country certainly has a healthcare crisis, my numbers are surely inflated. Continue Reading...
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