- Michael Perelmen has been "digging deep into the works and correspondence of Adam Smith and his contemporaries to write a history of the creation of capitalism that goes beyond...The Wealth of Nations...allowing you to read the early capitalists, economists..in their own words. And it ain't pretty." http://exiledonline.com/recovered-economic-history-everyone-but-an-idiot-knows-that-the-lower-classes-must-be-kept-poor-or-they-will-never-be-industrious/ 3 comments business
- UC Berkeley economists have launched a new tool that allows users to track how economic growth and public policy affect the distribution of income and wealth among the United States: In 2021, U.S. national income per adult grew 7.6%, a strong recovery from the COVID pandemic for the working class. https://news.berkeley.edu/2022/01/31/tracking-inequality-in-real-time-a-powerful-new-tool-from-berkeley-economists/ 107 comments science