Piketty (2014) argues that capitalism is increasing the share of earning from capital share while shrinking that of wages, thus exacerbating income inequality. Rognlie (2015) criticizes and extends Piketty, showing that the increases in capital share and inequality tie in directly with long run increases in housing values.
CNN edited the remarks of the sister of Slyville Smith, whose shooting by a black policeman led a mob of protesters to start burning down various properties in their neighborhood. She’s calling for peace, they said.
Except for the part where she urges protesters to burn down the suburbs. Oops!
Union offices raided in Philadelphia. What took so long?
The IBEW Union Hall in Philadelphia, along with multiple other locations, were raided by the FBI. John Dougherty and the Local 98 seem to be at the center of this investigation, with Councilman Bobby Henon and President of the Local 98, Brian Burrows, also involved.
Over the last few weeks, people around the world have been fixated on their televisions; watching athletes from countries big and small compete for glory at the Rio Olympics. Most Team USA athletes, such as college freshman and air rifle gold medalist Ginny Thrasher, are amateurs, sacrificing their own money for the opportunity to represent the United States.
Former Texas Governor Rick Perry beats U.S. Senator Ted Cruz in a hypothetical 2018 GOP senate primary poll published Thursday. The poll shows Gov. Perry with a 9 point lead over the incumbent freshman senator.