Economic inequality in the USA

From AcademicBlogs

This blog is a simplified version of the quantitative analysis of economic inequality in developed countries as expressed by income distribution, which I have been conducting since 2003. A complete list of my working papers is available through RePEc (Research Papers in Economics) or SSRN (Social Sciences Research Network).

So, this blog is primarily oriented to those readers who are interested in obtaining hard-science-level knowledge on the shape and evolution of income distribution in the USA. It has been found that personal income distribution in the USA, as measured by the US Census Bureau in Annual Social and Economic (ASEC) Supplement, has been practically fixed since 1947 in terms of shape and Gini coefficient. This finding allows formulating an economic concept linking real economic growth, inflation and unemployment to income distribution. For physicists and other specialists from hard sciences, this blog is easy to read because of numerous illustrations. For general public, this blog might also be of interest.

I also run two other blogs devoted to real economic growth and inflation and unemployment. All three topics of my blogs are linked by fundamental bounds and are explained in a unified theoretical framework. They are split in three blogs only for the sake of simplicity. I would recommend visiting all of them for those readers who are eager to find simple answers to fundamental economic problems, which are highly confused by conventional and non-orthodox economics.

As a quantitative science, economics is simple and accurate.