Macroeconomic Inequality from Reagan to Trump

Autori

• Lance Taylor

Parametri

• Economia
• Economia e affari

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Rising US income and wealth inequality results from repression of real wage growth and production realignments benefitting the top one percent of households. Middle class wage-earning households have been hurt. Wage repression has led to slow inflation and low interest rates that sparked capital gains for the top one percent.

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Lingua: Inglese

Pubblicato: 2020

(In brossura)