In this essay, we discuss the importance of consumption inequality in the debate concerning the measurement of disparities in economic well-being. We summarize the advantages and disadvantages of using consumption as opposed to income for measuring trends in economic well-being. We critically evaluate the available evidence on these trends, and in particular discuss how the literature has evolved in its assessment of whether consumption inequality has grown as much as or less than income inequality.

Order and stability are tenuous and fragile. People have to work to create and sustain a semblance of stability and order in their lives and in their organizations and larger communities. Order on the Edge of Chaos compares different ideas about how we coordinate and cooperate. The ideas come from 'micro-sociology', and they offer new answers to the classic question of Thomas Hobbes: 'how is social order possible?' The most common answers in sociology, political science, and economics assume a fundamental tension between individual and group interests.

Social scientists often report regression coefficients using more significant figures than are meaningful given measurement precision and sample size. Common sense says we should not do this. Yet, as normative practice, eliminating these extra digits introduces a more serious scientific problem when accompanied by other ascendant reporting practices intended to reduce social science’s long-standing emphasis on null hypothesis significance testing.