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Income Inequality in the United States Today

In: Economic Inequality and Policy Control in the United States

Author

Listed:
  • Mark Stelzner

    (Nazarbayev University)

Abstract

In the first chapter, I analyze the evolution of income inequality in the United States from the 1950s to present. I show that the share of national income going to those in the upper reaches of the income ladder has increased considerably over the last three and a half decades, and that explaining the change in top wage incomes, which predominately include non-financial sector CEO remuneration, is central to understanding these changes. I also explore SBTC—the theory for the increase in wage income inequality which, at least until recently, has the most support from economists and politicians. Finding SBTC lacking, I end the chapter in suspense.

Suggested Citation

  • Mark Stelzner, 2015. "Income Inequality in the United States Today," Palgrave Macmillan Books, in: Economic Inequality and Policy Control in the United States, chapter 1, pages 1-18, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-38811-7_1
    DOI: 10.1057/9781137388117_1
    as

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