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The History Of Income Inequality And Popping Economic Bubbles  Share   Share Source: AP Photo/Elise Amendola In a significant study by economists Thomas Piketty and Emmanuel Saez, they explain the economic impact historically on capital and upper income Americans: We find that top capital incomes were severely hit by major shocks in the first part of the century.  The post-World War I depression and the Great Depression destroyed many businesses and thus significantly reduced top capital incomes.   The wars generated large fiscal shocks, especially in the corporate sector that mechanical...

Unless really bad things are going to happen. city council was right. >> baltimore is a city of 620,000 people. and it's an incredibly interesting city. it has many, many myriad of neighborhoods. all sorts of neighborhoods. it has a huge population in terms of mix. ethnic composition, income composition. and it also has oddly enough the eighth largest police department in the company. a city comparable to the size of boston, the police department is much larger than boston. it has about 3,000 police officers in baltimore, about 2,000 this boston, same size. today no matter what the mayor said ...