Category: Trends: Economic
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How You, I, and Everyone Got the Top 1 Percent All Wrong
Atlantic: How You, I, and Everyone Got the Top 1 Percent All Wrong In fact, the gain in wealth share is all about the top 0.1 percent of the country. While nine-tenths of the top percentile hasn't seen much change at all since 1960, the 0.01 percent has essentially quadrupled its share of the country's wealth…
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How much would an iPhone have cost in 1991?
Tech Policy Daily: How much would an iPhone have cost in 1991? Amazing! Today’s iPhones have the same capabilities (and more!) than 13 distinct electronics gadgets, worth more than $3,000, found in a 1991 Radio Shack ad. Buffalo writer Steve Cichon was the first to dig up the old ad and make the point about…