by Henry Oliner | Nov 6, 2019 | Economics
Phil Gramm and John F. Early write in The Wall Street Journal The Truth About Income Inequality In all, leaving out taxes and most transfers overstates inequality by more than 300%, as measured by the ratio of the top quintile’s income to the bottom quintile’s. More...
by Henry Oliner | Oct 11, 2018 | Politics, Progressivism
Phil Gramm and John Early write in the WSJ, Government Can’t Rescue the Poor; The measured poverty rate has remained virtually unchanged only because the Census Bureau doesn’t count most of the transfer payments created since the declaration of the War on...
