1. Is Globalization To Blame?
Globalization, Free Trade, and Income Inequality

2. A REMINDER OF WHY SO MANY PEOPLE ARE ANGRY

4. GLOBALIZATION The following figures are from Spence (2011).
He analyzes job growth in the USA from 1990 – 2008.
The focus is the distinction between (1) tradable vs. Nontradable jobs, and (2) the value added in goods and services in these two sectors.

15. GLOBALIZATION and CEO Pay Bivens & Mishel
1. First, the increase in the incomes and wages of the top 1 percent over the last three decades should be interpreted as driven largely by the creation and/or redistribution of economic rents.
2. This rise in incomes at the very top has been the primary impediment to having growth in living standards for low- and moderate-income households approach the growth rate of economy-wide productivity.
3. Because this rise in top incomes is largely driven by rents, there is the potential for checking (or even reversing) this rise through policy measures with little to no adverse impact on overall economic growth.

18. Kaplan & Rauh
1. In looking at the wealthiest Americans, we find that those in the Forbes 400 are less likely to have inherited their wealth or to have grown up wealthy.
2. The Forbes 400 of today also are those who were able to access education while young and apply their skills to the most scalable industries: technology, finance, and mass retail.
3. We believe that the US evidence on income and wealth shares for the top 1 percent is most consistent with a "superstar"-style explanation rooted in the importance of scale and skill-biased technological change.

24. EDUCATION

28. For every 100 women getting a BA/BS Degree, 77 Men Do.
For every 100 women getting a MA/MS Degree, 66 Men Do.

31. Corak
1. I discuss the underlying drivers of opportunity that generate the relationship between inequality and intergenerational mobility.
2. Countries with more inequality at one point in time also experience less earnings mobility across the generations, a relationship that has been called "The Great Gatsby Curve."
3. The interaction between families, labor markets, and public policies all structure a child's opportunities and determine the extent to which adult earnings are related to family background.
4. The USA needs changes in public policy that promote the human capital of children in a way that offers relatively greater benefits to the relatively disadvantaged.

35. Most Valuable Bachelor’s Degrees: 1) Biomedical Engineering ($53
Most Valuable Bachelor’s Degrees: 1) Biomedical Engineering ($53.8 start, $97.8 mid-career); 2) Computer Science; 3) Applied Mathematics; 4) Software Engineering; 5) Environmental Engineering; 6) Civil Engineering; 7) Geology; 8) Management Information Systems; 9) Petroleum Engineering; 10) Applied Mathematics; 11) Mathematics; 12) Construction Management; 13) Finance; 14) Physics; 15) Statistics.

37. IBM Watson

38. WHAT PUBLIC POLICIES NEED TO CHANGE TO ADDRESS THE PROBLEM OF AN INSUFFICIENTLY SKILLED WORKFORCE?