Trump won the election by swinging several rust belt states. Several pundits have written about the economic struggles of the rustbelt and how that contributed to Trump’s win there. Yglesias argues that these narratives are misleading because the rustbelt isn’t…
Blog Archives
Real median wage growth highest in 15 years
The Atlanta Fed regularly publishes a measure of median nominal wage growth for several interesting demographics, but for some reason, they don’t publish any measure that is adjusted for inflation, so I created one using a running 2-month average of…
Posted in MELI & Econ Stats
Fixing the machinery of democracy
The goal of medianism.org is to focus less on a minority with elite power and more on the vast group of people in the middle or even below the middle. In economics, that means focusing more on the median income,…
Posted in Public Finance
Lions, tigers, bears, and deer. Oh My!
Earlier I wrote about the terrorism that is brutally killing 38,000 Americans this year in nightmarish fashion. I have now identified a group is responsible for 200 of these deaths and they are not even legal American citizens. What group sounds more lethal,…
Posted in Public Finance, Violence & Peace
Zero debt would be an economic disaster.
I often see articles that claim that rising debt is an inherently bad thing. For example, Erik at data-driven thoughts appears alarmed: The average debt that an American holds has increased by 200x since 1943, from ~50 dollars to ~10,300 dollars.…
Posted in Macro
Terrorists are expected to kill 38,000 Americans this year in brutal crushing deaths!
Set the terrorist alert level to red! I’d say that anyone who physically crushes a random American with a heavy metal instrument is a terrorist. Others might just dismiss these deaths as routine traffic accidents, but you should be much…
Posted in Public Finance, Violence & Peace
1% of Indians pay income tax
The BBC’s Justin Rowlatt wrote that India published income tax data this year showing that only 1% of Indians paid tax in 2013, while 2% filed a tax return. He quoted Indian Prime Minister Narendra Modi saying: publishing the data…
Posted in Development, Public Finance
Medianism 