• Choose a category
• All
• Classic-Fiction

By Root 1320 0

” Journal of Political Economy, Vol. 116, No. 3, 2008, pp. 499-532; Daniel Hammermesh and Jeff Biddle, “Beauty and the Labor Market,” American Economic Review, Vol. 84, 1994, pp. 1174-1194; and Peter Lundborg, Paul Nystedt, and Dan-Olof Rooth, “The Height Premium in Earnings: The Role of Physical Capacity and Cognitive and Non-Cognitive Skills,” IZA Working Paper, June 2009. The stories about George Eastman and Henry Ford’s labor policies are drawn from Sanford M. Jacobi, Modern Manors: Welfare Capitalism Since the New Deal (Princeton: Princeton University Press, 1997); “Eastman Charted Path for Industry,” New York Times, March 15, 1932; Daniel Raff and Lawrence Summers, “Did Henry Ford Pay Efficiency Wages?” Journal of Labor Economics, Vol. 5, October 1987, pp. S57-86. The analysis of the number of American jobs that could be sent offshore is found in Alan Blinder and Alan Krueger, “Alternative Measures of Offshorability: A Survey Approach,” NBER Working Paper, August 2009. Chinese economic data comes from the International Monetary Fund (www.imf.org/external/pubs/ft/weo/2010/01/weodata/index.aspx, accessed 08/09/2010) and the United Nations Millennium Indicators (at mdgs.un.org/unsd/mdg/Default.aspx , accessed 08/09/2010). Data on unionization in the United States comes from the Bureau of Labor Statistics (www.bls.gov/news.release/union2.nr0.htm, accessed 07/18/2010); and Barry Hirsch and David Macpherson, Union Membership and Earnings Data Book (Arlington, Va.: The Bureau of National Affairs, Inc., 2010).

118-121 Paying Superman: Data on pay in Major League Baseball are drawn from the USA Today baseball salary database (content.usatoday.com/sports/baseball/salaries/default.aspx , accessed 07/18/2010). Data on corporate pay is drawn from Thomas Piketty and Emmanuel Saez, “Income Inequality in the United States, 1913-1998,” Quarterly Journal of Economics, Vol. 118, 2003, pp. 1-39, updated tables and figures (at elsa.berkeley.edu/~saez/TabFig2010.xls, accessed 07/18/2010); Carola Frydman and Raven Saks, “Executive Compensation: A New View from a Long-Term Perspective, 1936-2005,” NBER Working Paper, June 2008, Table 3; and Xavier Gabaix and Augustin Landier, “Why Has CEO Pay Increased so Much?,” NYU Working Paper, 2006. Sherwin Rosen’s analysis is in Sherwin Rosen, “The Economics of Superstars,” American Economic Review, Vol. 71, No. 5, December 1981, pp. 845-858. The analysis of the fast growth of earnings at the top in pop music, Hollywood, and soccer draws from Alan Krueger, “The Economics of Real Superstars: The Market for Rock Concerts in the Material World,” Journal of Labor Economics, Vol. 23, January 2005, pp. 1-30; the IMDB database (at www.imdb.com/name/nm0000129/bio and http://www.imdb.com/title/tt0120755/, accessed 07/18/2010); Edward Jay Epstein, “Tom Cruise Inc.: The Numbers Behind His Celebrity,” Slate, June 27, 2005; Claudia Eller, “Tom Cruise Sees Box Office Share Scaled Back,” Los Angeles Times, February 17, 2010; Matthew Saltmarsh, “European Soccer Revenue Climbs, but So Do Salaries,” New York Times, June 8, 2010; Garry Jenkins, The Beautiful Team (New York: Simon & Schuster, 2006); Futebolfinance.com; Christina Settimi, “Soccer’s Highest Earners,” Forbes.com, April 21, 2010; and Fédération Internationale de Football Association (www.fifa.com/aboutfifa/marketing/factsfigures/tvdata.html). Data on the earnings of the richest families comes from Piketty and Saez, op. cit.

121-125 Farmers and Financiers: Data on bankers’ bonuses come from the office of the Comptroller of New York State (www.osc.state.ny.us/press/releases/feb10/bonus_chart_2009.pdf, accessed 07/18/2010.) Data on banks’ profits drawn from the Bureau of Economic Analysis (www.bea.gov). Faylene Whitacker’s comments about immigrant laborers are in Eduardo Porter, “Who Will Work the Farms?” New York Times, March 23, 2006. Data on international migration is drawn from the Migration Policy Institute (www.migrationinformation.org/datahub/charts/6.1.shtml. , accessed 07/18/2010). Data on growing inequality in China are in Anthony B. Atkinson,