Radical and rising economic inequality is no secret — and now, neither is its cause. New research from the Economic Policy Institute shows that the massive upward redistribution of income our nation ...

In the United States, it is conventional wisdom that wages have stagnated for decades. A few examples to illustrate the point: In a recent story in “The New York Times’s” Business section, an article ...

Workers with a college degree typically earn substantially more than workers with less education. This so-called college wage premium increased for several decades, but it has been flat to down in ...

Yet, for many Americans, it doesn’t feel that way. A closely watched Index of Consumer Sentiment, published by the University of Michigan, fell to 67.8 in February, its lowest mark since last summer.

For example, Clemens and Wither (2014) compare job changes within states between workers who received federal minimum wage increases because of lower state minimums and others whose wages were low but ...