New US Census Bureau data shows that while the median household income for the United States (and 14 states within the USA) increased a bit from 2017 to 2018, "income inequality was significantly higher during the same period for the nation and nine states.... Maryland ($83,242) was among the states with the highest median household income and West Virginia ($44,097) was among the lowest."
More data and an interactive version of the map: "2018 Median Household Income in the United States" (Census.gov)
Robert Skidelsky is an eccentric British economist: trained at Oxford, author of a definitive three-volume biography of Keynes, a Lord who sat with the Tories as their economics critic during the Blair regime, who now sits as an independent who is aligned with Labour's left wing. Back in September, Yale University Press published Skidelsky's latest […]
Modern Monetary Theory (previously) is an economic philosophy based on the idea that all state spending is "deficit" spending, since money comes into existence when the government spends it, and when the government raises taxes, it does so in order to take that money out of existence, both in order to control inflation and to […]
Thomas Piketty, the French economist behind 2014's game-changing Capital in the 21st Century, has a new book, Capital and Ideology (out in France now, coming in English in 2020), which uses the same long-run economic series that Capital 21C benefited from to understand the relationship between wealth and ideology. Central to Piketty's thesis: that it's […]
A typical security camera can give you peace of mind. But that might be offset by the nagging feeling that it’s watching you, too. The best kind of security system is one that protects both your home and your privacy, and the blurams Dome Pro 1080p Security Camera is one rare model that’s set up […]
Sous vide cooking: It sounds fancy, but it’s actually one of the easiest and most reliable ways to cook. It’s the reason why many restaurants are able to put out delicious dishes with a consistent flavor. All you need is the right equipment, and that hasn’t always been available to those outside the resto crowd. […]
The more you use your computer, the more it becomes possible for others to use it too. Where there are anti-virus systems, there are hackers looking for a way to get around them. That’s why it’s important to get software that doesn’t just passively scout for viruses in the background. The folks behind GlassWire have […]