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Miles Corak
Personal blog · milescorak.comeconomicspolitics
Miles Corak writes Economics for public policy, a personal blog at milescorak.com about economics and politics. Since 2015, 4 different Hacker News readers have linked it 5 times. It is still writing: the last post was on 2026-01-10, and you can follow it by feed.
Too few sampled comments (5) to say how often HN recommends it.?
Why HN links it
HN readers link economist Miles Corak's blog for his work on inequality and intergenerational mobility. One commenter cites his post as the origin of the 'Great Gatsby Curve' name from Alan Krueger's 2012 speech.
Summarised by Claude from a sample of 5 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Miles Corak writes on economics that matters
What Hacker News says?
>>I'm always annoyed at the invocation of the logical fallacy that the source of an argument renders it inadmissible. Not only is it a fallacy, but it's typically (but not in your case, especially since you're offering a specific criticism!) invoked by someone simply assuming that their own source is sacrosanct. I didn't say it is inadmissible. I simply pointed out that it is significantly biased as a source, and pr…
Comment linking /2013/06/18/income-inequality-equality-of-opportunity-and-intergenerational-mobility/
on “Stocks Off Sharply as Market Upheaval Grows”It's false that none of the growth is being captured by middle income people. It is being captured to a greater extent by the very top of the income distribution and by the global poor, but income is growing across the board. Real median wages and household income in the U.S. are higher than they've ever been. This is all despite the increased international competition typified by globalization trends and detailed b…
Comment linking /2016/05/18/the-winners-and-losers-of-globalization-branko-milanovics-new-book-on-inequality-answers-two-important-questions/
on “Can We Have Prosperity Without Growth?”Update: edited to reflect comments of xnull2guest below. Wealthy people have disproportionate power in society and use that power to distort society to serve their needs. One simple example is how large US companies use government lobbying to transfer money from the public to themselves. Here is a list of the top spenders on lobbying: https://www.opensecrets.org/lobby/top.php?indexType=s (Incidentally, notice how un…
Comment linking /2013/05/29/do-falling-tax-rates-explain-the-rising-incomes-of-the-top-1/
on “Richest 1% to own more than rest of world, Oxfam says”Miles Corak's blog post and comments (2012) from pre-published paper in 2011: https://milescorak.com/2012/01/12/here-is-the-source-for-the... Final paper published in 2016: https://docs.iza.org/dp9929.pdf [pdf] From The Great Gatsby Curve (2012) - https://news.ycombinator.com/item?id=36838873 - 4 hours ago (4 comments) Institute of Labor Economics (IZA)
Comment linking /2012/01/12/here-is-the-source-for-the-great-gatsby-curve-in-the-alan-krueger-speech-at-the-center-for-american-progress/
on “Inequality from Generation to Generation: The United States in Comparison (2016)”(2011) From Miles Corak's paper, describing "the relationship between inequality and generational earnings mobility." Here is the source for the "Great Gatsby Curve" in the Alan Krueger speech at the Center for American Progress on January 12 https://milescorak.com/2012/01/12/here-is-the-source-for-the...
Comment linking /2012/01/12/here-is-the-source-for-the-great-gatsby-curve-in-the-alan-krueger-speech-at-the-center-for-american-progress/
on “The Great Gatsby Curve”