Examining the macroeconomic impact of America's top earners
The hypothesis that economic hardship breeds terrorists is at odds with data on where ISIS recruits tend to come from.
In November, University of Chicago’s Becker Friedman Institute for Research in Economics brought Thomas Piketty of the Paris School of Economics, University of Wisconsin-Madison’s Steven Durlauf, and Chicago Booth’s Kevin M. Murphy together to discuss the factors and mechanisms driving income inequality in the US.
Inequality may be the economic issue of the moment, but the theme has long preoccupied economists.
Former US President George W. Bush accepted the ALS Ice Bucket Challenge. Leonardo DiCaprio, Mark Zuckerberg, and Kermit the Frog joined in. UK Prime Minister David Cameron and US President Barack Obama paid to avoid it.
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