Last week brought the delayed September numbers on personal income, consumption, and the Fed’s preferred inflation gauge, the ...

Official income inequality statistics indicate a sharp rise in inequality over the past five decades. These statistics do not accurately reflect inequality because income is poorly measured, ...

The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends. December's personal income grew 0.4% MoM, while ...

Dual-income earner Ms. Lee, 38 years old, and her husband have been preparing lunchboxes for each other since last month. As ...

The regressivity of the Trump administration’s tariffs is substantial. … Several countries use targeted payments to offset ...

The table and graph above were inspired by Alan Reynold’s recent post on the Cato At Liberty blog “A Different Look at After-Tax Income Inequality.” Here’s the opening of that post: Every presidential ...

In 2024, the nationwide per capita disposable income was 41,314 yuan, a nominal increase of 5.3 percent over the previous year, and the real increase of 5.1 percent after deducting price factor. In ...

If the White House really wants to ease the burden that tariffs have created for lower-income households, then it might want to look to our neighbor to the north, Canada, which has become a global lea ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. This has always been a fairly desperate attempt to deny an obvious problem. At the ...

Alan D. Viard, a former senior economist at the Federal Reserve of Dallas, is a resident scholar at the American Enterprise Institute. January 23, 2013 In the short run, reform efforts are likely to ...

In 2023, the nationwide per capita disposable income was 39,218 yuan, a nominal increase of 6.3 percent over the previous year, and the real increase of 6.1 percent after deducting price factor. In ...