How the Rich Got Richer
As more and more pass-through business income goes to the super-rich, the income share of the top 1% doubles.
Issue 254
4 articles
Dear Dr. Dollar:
Supposedly, countries should produce what they are best at. If the United States makes computers and China produces rice, then the theory of free trade says China should trade its rice for computers. But if China puts tariffs on U.S.-made computers and builds up its own computer industry, then it wi