Nearly every economist of any reputation must now deal with the stunning evidence behind the inequality trends Piketty illuminates.
Sixteen thousand participants, in a post-State-of-the-Union phone conference Wednesday night, discussed a Women's Economic Agenda for the nation.
Here the big question on the minds of most working people I talk to: is the talk of economic recovery from the 2008 depression BS? or for real?
The unemployment rate ended up at 6.7 percent in December, down from 7.9 percent at the end of 2012 and 0.3 percent but only because more than half a million people stopped looking for work altogether, leaving 12.3 million officially une3mployed..
"It is fiscally irresponsible not to extend unemployment benefits. The long-run cost to the taxpayers will be much higher from disconnecting people from the labor market."
In a wide-ranging speech on the state of the economy, President Obama took sharp aim at income inequality, citing the growing gulf between the rich and the rest of us.
The ruling concerns the 23,500 retired city workers collecting pension benefits.
The New York Times reported serious worry in the U.S. Congress about the Trans Pacific Strategic Economic Partnership Agreement.
The U.S. unemployment rate dropped 0.1 percent from August to September, to 7.2 percent, the BLS said. The partial federal shutdown/lockout sent all of the BLS staff home in the first two weeks of October and delayed release of the results.
The government shutdown may be officially over but its estimated cost of $24 billion to the American taxpayers will continue to rise every day for a long time to come.