An enduring legacy

Kodak’s employment has plunged from its 1982 peak of 60,400 to about 1,300. Yet that employment number vastly understates Kodak’s contribution to the local economy today.

Economists’ inflation conundrum

Economic changes such as the growth of free services make our “tape measure” of price movements—traditional inflation statistics—unreliable.

Challenging the Piketty gospel

Has the share of income going to the top 1 percent in the U.S. jumped dramatically in the last half-century? Recent research throws doubt on that belief.