Economics and International Affairs Blog
A politically independent blog by Vivekanand Jayakumar
Attention Economy
Wednesday, January 28, 2015
Income and Wealth
Distinguishing income (a flow variable) from wealth (a stock variable) is important:
http://www.economist.com/news/finance-and-economics/21640444-oxfam-causes-stir-stat-wrong-yardstick
Trends at the top of income distribution:
http://www.nytimes.com/2015/01/28/upshot/gains-from-economic-recovery-still-limited-to-top-one-percent.html
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