Macroeconomic Inequality from Reagan to Trump
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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.
Autor: | Taylor, Lance |
Nakladatel: | Cambridge University Press |
ISBN: | 9781108494632 |
Rok vydání: | 2020 |
Jazyk : | Angličtina |
Vazba: | Hardback |
Počet stran: | 170 |
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