Student debt disproportionately burdens the well-off

The Wall Street Journal has an article today about the rising student debt burdens of the well-off. In the article, the WSJ details findings from the newest Federal Reserve Survey of Consumer Finances. Among households in the 80th-95th income percentile — the WSJ’s definition of “upper-middle-income households” — 25.6 percent had student loan debt in… Continue reading Student debt disproportionately burdens the well-off

The Economic Policy Uncertainty Index and the Judy Miller Problem

The Romney camp and its academic lackeys released a new white paper detailing some of Romney’s economic ideas and policies. In one part of the report, we are treated to an academic effort to codify the otherwise hand-waiving hysteria about economic uncertainty. The GOP uses the idea of economic uncertainty to get out of recognizing… Continue reading The Economic Policy Uncertainty Index and the Judy Miller Problem

The gender pay gap really does matter

Feminism has evolved significantly in the last few decades. Gone are the milquetoast second-wave emphases on liberal equality. The newest approach focuses on the overlapping oppression suffered by all sorts of identity groups. As part of this shift, certain issues have been discarded, and others de-emphasized. For instance, the rather white upper-class concerns about the… Continue reading The gender pay gap really does matter