Rising Inequality, Public Policy, and America's Poor
Those who defended the American model during its long period of growing income inequality argued that rising incomes at the top would result in faster economic growth and therefore rising incomes for those at the bottom. When looking at experiences in many countries, Lane Kenworthy finds that was not the case. Nor was it the case that rising incomes at the top measurably hurt the poor. It was public policy that made the difference.
Volume (Year): 53 (2010)
Issue (Month): 6 (November)
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