The Truth About Income Inequality - 3 views

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  #1 hargunr on 01 Feb 15

   

  "For it goes without saying that in a free economy, some people will always earn much more money than others, and a given person will, during some stages of his life, earn much more than in other stages. It is therefore far from clear that there is such a thing as a "right" distribution of income, and to our knowledge, no critic of current patterns of income distribution has set forth any meaningful criteria by which the "right" income distribution can be determined. Instead of articulating such criteria, critics have generally been content to argue that income inequality is "increasing" or "widening" and have assumed that it goes without saying that such a trend, if true, would be bad. Both the belief that income inequality is increasing, and the assumption that any such increase must necessarily be bad, need to be critically examined."
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  http://www.americanexperiment.org/publications/reports/the-truth-about-income-inequality
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  This article discussed the issue of income inequality and how it is being dealt with in the U.S. government. It also talks about how it is becoming quite a controversial topic among American Citizens. Along with that, it helps depict the basics of the subject with multiple graphs supporting the information.

   

  <div class="cArrow"> </div><div class="cContentInner">"For it goes without saying that in a free economy, some people will always earn much more money than others, and a given person will, during some stages of his life, earn much more than in other stages. It is therefore far from clear that there is such a thing as a "right" distribution of income, and to our knowledge, no critic of current patterns of income distribution has set forth any meaningful criteria by which the "right" income distribution can be determined. Instead of articulating such criteria, critics have generally been content to argue that income inequality is "increasing" or "widening" and have assumed that it goes without saying that such a trend, if true, would be bad. Both the belief that income inequality is increasing, and the assumption that any such increase must necessarily be bad, need to be critically examined." <br /> ---- <br /> <a href="http://www.americanexperiment.org/publications/reports/the-truth-about-income-inequality" rel="nofollow" target="_blank">http://www.americanexperiment.org/publications/reports/the-truth-about-income-inequality</a> <br /> ---- <br /> This article discussed the issue of income inequality and how it is being dealt with in the U.S. government. It also talks about how it is becoming quite a controversial topic among American Citizens. Along with that, it helps depict the basics of the subject with multiple graphs supporting the information.</div>

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