Inequality and Economic Integration (Routledge Siena Studies

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Third, there is the policy pathway, whereby the adverse influence of income inequality may operate through formulation and implementation of general social policies, as well as through health-related policies. According to scripture, pastors are held to a higher standard because they have been entrusted with the public teaching of God's word. They cite one study of 1,500 firms that found that the compensation earned by the top five corporate officers in 1993-5 equaled 5 percent of their firms' total profits during that period; by 2000-2, that ratio had more than doubled to 12.8 percent.
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All the Money in the World: How the Forbes 400 Make--and

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The rise of women is not the result of any ideology or political movement; it is a result of the widespread realization, sometime after the Second World War, that families in which women work are families that prosper. For example, the New York Times noted in 2011: The median pay for top executives at 200 big companies last year was $10.8 million. As an example, ownership of a public media outlet, such as a newspaper or a television channel, can give control over how others in the society view themselves and their lives, and how they understand their society. 2.
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Governing Rapid Growth in China: Equity and Institutions

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They warn that without policies to reduce the concentration of wealth, such as estate taxes, within two decades the gains in wealth democratization which occurred in the New Deal and after World War II may well be lost. Groups such as the International Monetary Fund and the OECD have released reports arguing that a greater concentration of wealth among the rich leads to slower overall economic growth. But what they weren’t doing was buying enough of the regularly produced goods that employ people.
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The Geographical Distribution of Material Wealth - Primary

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It may also make them lazy as they can live off rent, profit and dividends. Data source: John Ermisch, Markus Jäntti, and Timothy Smeeding, eds., From Parents to Children: The Intergenerational Transmission of Advantage, Russell Sage Foundation, 2012, figure 1.1. Given this picture, why does inherited wealth play as small a part in today’s public discourse as it does? They criticized what they saw as a "utopian" tendency in the Maoist Left: which the pragmatists labeled the Ultra Left was viewed as trying to create social relations too advanced for the material level of development of the Chinese society, as in the case of the Great Leap Forward.
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Wealth in America: Trends in Wealth Inequality

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However, there is no formal theory that incorporates the effects of trade and financial globalization, and technology in a model of income inequality. From 1979 to 2011, inflation-adjusted after-tax income for the top 1 percent of households grew 200 percent; for the bottom fifth it rose 48 percent. Does this core model influence the way some academics think about policy? Until we see a significant downward redistribution of income in Germany we don’t have many options.
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TIME What is Occupy? Inside the Global Movement

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There's a real change in the driving forces behind American economic growth after 1980. The government has to create the space and the rules to make it happen, though. After all, if absolute poverty is dropping, relative inequality may be acceptable? In his tour of the camp, Mr Gurr�a visits a school, speaks with refugees and gives a short interview. The gini coefficient measure of overall income inequality in the United Kingdom is now higher than at any previous time in the last thirty years.
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The Changing Distribution of Earnings in OECD Countries (The

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That is, if the top tax rates are a (positive) function of the median income of a country (e.g. the top tax rate kicks in at 5x of median income), then the rich (the 1 percent or so)–who are the ones with the political power to make meaningful policy changes–can increase their after-tax income by either raising their own pre-tax income and/or by raisig the national median income. Some inequality is acceptable to pretty much everyone these days.
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The Politics of Social Transformation in Afghanistan, Iran,

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It undercuts the notion that partisan leadership has much to do with why certain cities become relatively unequal and certain become relatively equal. Researchers at Harvard University’s School of Public Health found that women living in areas with large gaps between the “haves” and “have-nots” are at greater risk of being depressed and are nearly twice as likely to suffer from depression compared to the women living in areas that have a more equal income distribution. 3.
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The Hidden Cost of Being African American: How Wealth

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Looking at the latest money velocity charts and comparing today’s numbers to the historical record, is all one need do to see what happens to the overall rate of market exchanges when we start letting the top accumulate more and more of the total money supply. V.), 1993, 147-167. "Social Security Annuities and Transfers: Distributional and Tax Implications," in Dimitri B. Considering countries with lower levels of income inequality – can you spot anything about those countries selected that might explain why their Gini coefficient is lower than for the UK?
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Tax Fairness and Folk Justice

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It’s losing quite a lot of value as it is with the money printing and inflation. Representing them as only — or even primarily — problems of the middle class is likely to make the problems of the most vulnerable families worse. Sign up to view the full version. ] Labor and Social Economics Income Inequality As shown above, increasing the supply of labor (represented by a rightward shift of the supply curve) results in a wage reduction and an increase in employment.
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