Emmanuel Saez
Summary
Emmanuel Saez (born November 26, 1972, in Spain) is a French economist. Saez is Professor of Economics at the University of California, Berkeley. He received the John Bates Clark Medal in 2009 and was named a MacArthur Fellow in 2010.He was the recipient of the 2009 John Bates Clark Medal, awarded to "that American economist under the age of forty who is judged to have made the most significant contribution to economic thought and knowledge." Saez's research contributions have been mainly in the field of Public Economics. The 2009 John Bates Clark citation reads:"[Saez's] work attacks policy questions from both theoretical and empirical perspectives, on the one hand refining the theory in ways that link the characteristics of optimal policy to measurable aspects of the economy and of behavior, while on the other hand undertaking careful and creative empirical studies designed to fill the gaps in measurement identified by the theory.
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The rich are different; they get richer
Occupy Wall Street is not known for the precision of its economic analysis, but new research on income distribution in the United States shows that the group’s sloganeering provides a stunningly accurate picture of the economy. In 2010, according to a study published this month by University of California economist Emmanuel Saez, 93 percent of income growth went to the wealthiest 1 percent of American households, while everyone else divvied up the 7 percent that was left over.
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Audit Notes: 1966 Wages, Fracking's Chickens and Eggs, Whistleblowers
David Cay Johnston looks at the latest income-distribution data from Emmanuel Saez and Thomas Piketty, and notes that in this recovery, unlike one that FDR oversaw, almost all the income gains have gone to the ultra-rich. The average income of the bottom 90 percent of households was $29,840 in 2010, up just 1 percent 1966.
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