American Inequality: From IT Bust to Big Government Boom

Galbraith James K. and Hale J. Travis

The Economists' Voice, 2006, vol. 3, issue 8, 4

Abstract: James K. Galbraith and Travis Hale argue that the IT bust and the subsequent fall in the NASDAQ led toward a convergence of income across American counties; yet amidst this movement toward greater equality, several counties have gone from rich to richer mainly due to increased government spending under the Bush administration.

Date: 2006
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DOI: 10.2202/1553-3832.1225

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