Wealthy Americans Are Spending. People With Less Are Struggling.

Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a ...
National Bureau of Economic Research

What is More Important for Subjective Longevity Expectations: Perceived Health or Income?

This research considers the role of income for subjective longevity assessments. The analysis uses the 2022 Survey of Consumer Finances. My findings indicate that treating subjective health and ...

Say's Law Explained: Market Theory & Implications for Economic Growth

Learn about Say's Law of Markets, how production drives economic demand, implications for growth and policy, and its ...
Jacobin on MSNOpinion

Europe Primarily Uses the Welfare State to Fight Inequality

Some economists argue that European countries have lower inequality than the US because they distribute market income much ...