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.
There is a great deal of awareness of the general increase of income inequality in the United States. But what's happened to the income inequality between African Americans and European Americans ("Black-White" inequality)?
Do corporations seek to maximize profits? Or do they seek to maximize power? The two may be complementary--wealth begets power,
Investment in real inputs--structures and machinery used to boost future output and productivity--is one of the ways that an economy