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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.
Buchkauf
Macroeconomic Inequality from Reagan to Trump, Lance Taylor
- Sprache
- Erscheinungsdatum
- 2020
- product-detail.submit-box.info.binding
- (Paperback)
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- Titel
- Macroeconomic Inequality from Reagan to Trump
- Sprache
- Englisch
- Autor*innen
- Lance Taylor
- Erscheinungsdatum
- 2020
- Einband
- Paperback
- ISBN10
- 1108796109
- ISBN13
- 9781108796101
- Beschreibung
- 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.