This paper studies the distribution of U.S. household income and wealth over the past seven decades. We introduce a newly compiled household-level dataset based on archival data from historical waves of the Survey of Consumer Finances (SCF). Complementing recent work on top income and wealth...

"Americans have disabled the government's ability to solve even basic problems, making us vulnerable to the most dangerous demagogue ever to pretend to the White House. Kurt Andersen shows how the masterminds of the economic right rode an unprecedented wave of nostalgia by dressing up their...