The Economics of Wealth and Poverty

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The top 10% of wage earners now make 12 times more than the bottom 10%, up from a ratio of six in the 1990s. Compared with the general population, people who attempt suicide belong more often to the social categories associated with social destabilisation and poverty. The assets of the top 200 richest people amount to more than the combined income of 41 per cent of the world's population. In 2007, the share of after-tax income going to the top 1 percent hit its highest level (17.1 percent) since 1979, while the share going to the middle one-fifth of Americans shrank to its lowest level during this period (14.1 percent).
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Working through the Crisis: Jobs and Policies in Developing

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Permanent welfare reduces people’s incentive to work. The federal government (unlike state and local governments) does not spend tax dollars. But that is not how the economy works, Ballor said. "We need to get out of that envying, fixed-pie mindset and get into a serving, other-directed mindset that improves the quality of life for everyone," the Acton scholar argued. Even if robots don’t take over all jobs in these fields, they are likely to replace an increasing proportion of many of these jobs, leaving humans to concentrate on the areas that require judgement, creativity, human empathy and finesse.
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Property and Contract in Their Relations to the Distribution

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Russ: So, do you see that--what was going on differently in the pre-1980 credit cycle, then? We offer expert consulting and testifying services in the context of proposed mergers and acquisitions, legal disputes industry regulation, auction design and strategy, transfer pricing and business planning. Among women, the comparable 1970 figures were 82% and 83%. It's spent on food, clothing and basic products that are produced in factories and on farms by people who earn wages.
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The Effects of Globalization on World Income Inequality:

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While the occupy movement may have a tangible legacy, Americans aren’t rioting in the streets. In 2009, the rate was 19.9%. [227] The benefits from tax expenditures, such as income exclusions for healthcare insurance premiums paid for by employers and tax deductions for mortgage interest, are distributed unevenly across the income spectrum. What is very clear from this analysis is that there are really only three sustainable solutions to the global crisis in demand.
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Development Economics: Searching for the Roots of Rural

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See Charles Clotfelter, Helen Ladd, Jacob Vigdor, and Justin Wheeler (2007), "High Poverty Schools and the Distribution of Teachers and Principals," North Carolina Law Review, vol. 85 (2), pp. 1345-79; Charles Clotfelter, Helen Ladd, and Jacob Vigdor (2005), "Who Teaches Whom? The tax regime can be a powerful tool to transform the economy using appropriate incentives and penalties that reward socially and ecologically responsible effort.
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Recent Economic Changes: And Their Effect On the Production

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And that is a major part of the increase in the wealth. It takes rising debt to combine the two processes, so it is only a question of time before we reach debt capacity constraints, in which the system has to reverse itself, which it did in the developed word as a consequence of the 2007-08 crisis. Piketty says that this was essentially a happy coincidence reflecting the unique circumstances of the post-war era. We may be seeing declining ratios in government spending as a percentage of GDP, but this is really an accounting decline.
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The Forces of Economic Growth and Decline

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The term "distribution of income" usually refers to getting the basic statistical facts. Income inequality raises expenditures for public education as a fraction of gross domestic product (GDP). A large portion of this increase is due to an upsurge in the labor incomes earned by senior company executives and successful entrepreneurs. The report goes on to give us in detail a number of charts and data in support of the conclusions listed above. Indeed, the rationale to use a multilevel, rather than a marginal, model is precisely when our focus is on the “area effects” rather than average population values, as is the case in marginal models.
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Migration and Inequality (Routledge Studies in Development

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However, as the book Race, Class, and Inequality in South Africa* shows, apartheid did not have only the effect of increasing general inequality. Perhaps chastened by the reaction, he reportedly felt the need to remind his colleagues at a subsequent GOP retreat that most people don’t own their own businesses—but this in itself shows how thoroughly the party identifies itself with capital to the virtual exclusion of labor. Over the two decades prior to the onset of the global financial crisis, real disposable household incomes increased an average of 1.7% a year in its 34 member countries.
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Economic Development

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The Gini coefficient for Russia is the same as the average of the 39 developing countries with the lowest level of human development &nbash; and developing countries are generally much less equal than developed ones. Finally, men and women with college degrees and high pay are more likely to marry each other and amplify income gaps. Together, these three features call into question standard economic accounts of rising inequality that focus on gaps between broad groups based on rising returns to education and skills.
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Fault Lines: How Hidden Fractures Still Threaten the World

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The new analysis disputes previous findings that the bottom 90 percent of Americans have seen a slight decline in income since the late 1970s. Overall, what stands out is how minimal changes have been over the past forty years. The second thing that changed was, of course, globalization, the inclusion of China and formerly Communist countries in the world market, and thus much greater awareness of the large income gaps between countries and peoples, and of course greater competition.
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