SLATE'S Timothy Noah has just wrapped up a ten-part series on the rise of economic inequality in America. Most of Mr Noah's instalments are devoted to examining the impact of one of the usual suspects—immigration, trade, de-unionisation, education, executive pay, etc—on the level of inequality in the United States. I found Mr Noah's series disappointing from the start because he failed squarely to confront recent findings that challenge the premise of his exercise. In his final effort, Mr Noah does touch on the possibility that reports of rising inequality have been greatly exaggerated only to wave it off. Mr Noah cites the Cato Institute's Alan Reynolds, but he might have checked in with Robert Gordon, an economist from Northwestern University. In a recent paper weaving together several strands of new research, Mr Gordon reports that improved use of income datasets "shows that there was no increase of inequality after 1993 in the bottom 99 percent of the population, and can be entirely explained by the behavior of income in the top 1 percent."
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