Talks of inflation, interest rates, current account and other typical terms are propping up too often nowadays and I swear I’m going to puke the next time I hear these words. For all I know, these issues have been beaten to death and any more commentary is redundant. So, when I started to pick up a low murmur, I was overjoyed to find out that it concerns none of the above – this time, it’s inequality (tag).
The conversations on inequality were prompted by Piketty-Saez data on income inequality (download the data here). For me, it started with Paul Krugman’s Left Behind Economics (read it for free at Economist’s View) and ends with Greg Mankiw’s Inequality and Stochastic Human Capital. Mankiw managed to rationalize the idea of inequality in simple term rather creatively and I’m definitely attracted to his rationalization.
And heh, Prof. Mankiw has a blog. How cool is that?
By the way, just over two years ago, the Big Mac and manufacturing controversy came to surface and it was between Prof. Mankiw and Rep. Dingell.
p/s – PPS should ban those that spam by proxy. Somebody is circumventing PPS anti-multiping rule by having multiple blogs and then pinging those blogs.
pp/s – hail to the admin for deleting spam from PPS.
One reply on “[842] Of the latest buzzword in economics: inequality”
PPS should have a rule in their ping is that no same ping with the same name …