Phillip W. Magness

Historian – 19th century United States

Quick thoughts on the new Piketty-Saez-Zucman Income Inequality Study at AEA

| January 6, 2016

The American Economic Association held its annual meeting in San Francisco this week. Consistent with the recent surge of interest in inequality research, one of the papers generating the most buzz was a new income inequality time series by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman. The paper itself has not been released yet, but its […]

Saez-Zucman, the “Forbes 400,” and a new round of inequality data oddities

| October 18, 2015

When Thomas Piketty’s main inequality chart for the United States came under scrutiny from myself and others over the last year, he was largely non-responsive despite his mounting of a vigorous defense of other areas of his data. (My step-by-step deconstruction of the chart may be found here for reference. Similar criticisms figured prominently in my article […]