A typical excuse for widening income inequality is that the ‘job creators’ actually work oh so much harder than the ‘job takers’. That while the latter simply leave work at 4 or 5 PM, the former are just getting started and in fact routinely put in 50-70 hour workweeks. Now I hasten to add that […]

From the same post at Taxprofblog, a different study presents data and definitions on a related issue, but focused on income, which is a somewhat separate and overlapping conversation: Orazio Attanasio (University College London, Department of Economics), Erik Hurst (University of Chicago, Booth School of Business) & Luigi Pistaferri (Stanford University, Department of Economics), The Evolution of […]

Taxprofblog offers two studies on income and leisure that should spark some discussion.  I have split the two studies out to two posts at Angry Bear as they are somewhat different conversations: Income Inequality and Leisure Inequality: Do the 1% Work Harder Than the 99%? Wall Street Journal Wealth Report, Do the Wealthy Work Harder Than […]