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American Inequality: From IT Bust to Big Government Boom

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  • Galbraith James K.
  • Hale J. Travis

Abstract

James K. Galbraith and Travis Hale argue that the IT bust and the subsequent fall in the NASDAQ led toward a convergence of income across American counties; yet amidst this movement toward greater equality, several counties have gone from rich to richer mainly due to increased government spending under the Bush administration.

Suggested Citation

  • Galbraith James K. & Hale J. Travis, 2006. "American Inequality: From IT Bust to Big Government Boom," The Economists' Voice, De Gruyter, vol. 3(8), pages 1-4, October.
    • Handle: RePEc:bpj:evoice:v:3:y:2006:i:8:n:6
    DOI: 10.2202/1553-3832.1225
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    Citations

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    Cited by:

    1. Kemp-Benedict, Eric, 2015. "New ways to slice the pie: Span of control and wage and salary distribution within firms," MPRA Paper 77072, University Library of Munich, Germany, revised 24 Feb 2017.
    2. James Galbraith, 2009. "Inequality, unemployment and growth: New measures for old controversies," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 7(2), pages 189-206, June.
    3. J. Matthew Shumway & Samuel M. Otterstrom, 2015. "Income Migration and Income Convergence across U.S. States, 1995–2010," Growth and Change, Wiley Blackwell, vol. 46(4), pages 593-610, December.
    4. Galbraith, James & Choi, Jaehee, 2020. "The consequences of economic inequality for presidential elections in the United States," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 86-98.
    5. Kemp-Benedict, Eric, 2015. "A middle-manager model of wage and salary distribution within firms," MPRA Paper 64303, University Library of Munich, Germany.
    6. James K. Galbraith & Olivier Giovannoni & Ann J. Russo, 2007. "The Fed's Real Reaction Function: Monetary Policy, Inflation, Unemployment, Inequality-and Presidential Politics," Economics Working Paper Archive wp_511, Levy Economics Institute.

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