Background facts / James Piereson -- The broad-based rise in return to top talent / Joshua D. Rauh -- The economic determinants of top income inequality / Charles I. Jones -- Intergenerational mobility and income inequality / Jörg L. Spenkuch -- The effects of redistribution policies on growth...

"As an economist and a public intellectual, Gary Becker was a giant. He won a Nobel Prize for his groundbreaking work in human capital, the John Bates Clark Medal as the best American economist under 40, and the Presidential Medal of Freedom for his contributions to public life and welfare. He...

The last 40 years have witnessed a remarkable boom in higher education, particularly of women. Today in most higher-income countries and many lower-income countries, more women than men complete tertiary education. We present a model of the market for college graduates in which supply is a...