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Led by Merkley, Warren and Sanders, Senate Democrats Roll Out New Website Inviting Personal Stories from Americans Hurt by Foreclosure King Steve Mnuchin

Today, U.S. Senators Jeff Merkley (D-OR), Elizabeth Warren (D-MASS) and Bernie Sanders (I-VT) announced that Senate Democrats have launched a new website inviting Americans to share their personal stories of being impacted by the foreclosure practices of Donald Trump’s Treasury Secretary nominee, foreclosure king Steve Mnuchin. “Donald Trump’s choice of Mnuchin is not only a fundamental betrayal of his promise …

FILE - In this June 30, 2014 file photo, French economist Thomas Piketty speaks during his seminar at the Almedalen political week in Visby on the island of Gotland, in Sweden. Novelist Marilynne Robinson, economist Piketty and cartoonist Roz Chast are among the finalists for National Book Critics Circle prizes. The 30 nominees for six competitive categories were announced Monday, Jan. 19, 2015.  (AP Photo/Janerik Henriksson, File) SWEDEN OUT

Why So Few American Economists Are Studying Inequality

Wealth at the top of the income distribution is skyrocketing, leading to growing inequality. This trend is especially pronounced in the United States. But much of the leading research on the topic isn’t coming from American economists. A French economist, Thomas Piketty, wrote the blockbuster 2013 book Capital in the 21st Century about the growth of extreme wealth inequality; Piketty and (French) Berkeley …