National test scores plummeted for 13-year-olds, according to new data that shows the single largest drop in math in 50 years and no signs of academic recovery following the disruptions of the pandemic.
Source: Washington Post
In her newest book, When Race Trumps Merit, Heather Mac Donald rejects the claim of “disparate impact analysis,” which posits, “any standard or behavioral norm which negatively and disproportionately affects Blacks is presumed to be a tool of white supremacy” and must therefore be eliminated.
The empirical literature tends to show that people are tolerant of highly unequal distributions of income. However, their tolerance is conditional on the perception that the distribution reflects merit, not privilege, and that social mobility is possible.
Source: https://www.cato.org/sites/cato.org/files/2023-06/PA%20949_update-4.pdf
The world has seen dramatic, global human progress across a broad range of indicators in recent decades, but have those gains been widely shared? The Inequality of Human Progress Index (IHPI) measures material well‐being and seven additional metrics: lifespan, infant mortality, adequate nutrition, environmental safety, access to opportunity (as measured by education), access to information (as measured by internet access), and political freedom. Across all but two of those dimensions, the world has become more equal since 1990. Globalization and market liberalization over the past few decades have not only raised absolute living standards but also reduced overall inequality.
This resource features a response to the Piketty/Saez Claim of Rising US Inequality.
This PDF is the main document concerning National Policy Topic of Economic Inequality.
Here are five surprising facts:
A new study by Goodman Institute Senior Fellow Laurence Kotlikoff and his colleagues says that middle-aged families in the top fifth of the income distribution have almost 200 times the wealth of families in the bottom fifth. But after taxes and entitlement transfers, the difference in lifetime spending power is only 7.5 to 1. Our fiscal system is far more progressive than critics like to admit. See the New York Times description and the technical paper.
Inequality is almost universally condemned by the intellectual elite. But most of the rest of the world doesn’t think inequality is such a bad thing. According to polling by Gallup, there are 138 million people in the world today who would like to immigrate to the United States. Most of these people are poor. They tend to live in egalitarian surroundings – they and their neighbors are all equally poor. (The country with the highest percentage of would-be immigrants is Liberia.) Yet they want to come to a country with a great deal of inequality, knowing they would start out at the bottom of the income ladder.
March 22, 2024 When does the failure to answer a phone call in 8 seconds cost the company receiving the call $190 million? When the caller is a spy working for the agency that runs Medicare and the receiving entity is a private insurance company.December 30, 2023 In a...