January 2014 Business Inventories and Sales Soft

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for January 2014 shows sales declined with inventory levels up but remaining on the high side of a normal range for periods of expansion.

Seeking Truth of Inequality through Gini’s Way

Who Let the Gini Out? Searching for Sources of Inequality by Davide Furceri and Prakash Loungani, Voxeu.org Income inequality has been growing in many economies over the past two decades, and it is currently historically high. This column adds two new contributors to the popular explanations of increased inequality. Fiscal consolidations, especially those following the …