Has the Rise in American Inequality Been Exaggerated?

Robert J. Gordon

Challenge, 2009, vol. 52, issue 3, pages 92-120

Abstract: The author argues that, with proper adjustments, the conventional view about the rise in inequality has been exaggerated. Indeed, in recent periods, most of the inequality can be attributed to gains by a small proportion of very high-income individuals. He proposes a variety of aggressive policies to counteract the levels of inequality found by his analysis.

Date: 2009

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