How much inequality does the US have?

There are some people who believe that economic inequality is literally the biggest problem we face. I generally disagree. This topic is too large for one post. In this one, I’ll cover how much inequality we have in the US. In the next one, I’ll explain why inequality is less of a problem than commonly … Continue reading How much inequality does the US have?

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Faith in science

Science is always true and accurate, right? Not necessarily. Irreproducible Peter Wood and David Randall of the National Association of Scholars wrote an article for the April 17th Wall Street Journal on this topic. They start out by saying: “Half the results published in peer-reviewed scientific journals are probably wrong. John Ioannidis, now a professor of … Continue reading Faith in science

Good news on poverty

Based on my personal observations, some people are overly negative about US economic results and living standards. They’re sure the poor are getting screwed, the middle class is stagnant, and economic success is no longer possible. They usually display this negativity in complaints about capitalism. Maybe this negativity is the anti-capitalist’s way of denying that … Continue reading Good news on poverty