Income Inequality: Some Research

  1. Amount of International Trade. This (sort of) dispels the far-left and far-right thought that the amount of international trade accounts for inequality. (I say “sort of” because I suspect there’s a bit more to the story here, but the numbers are the numbers.)
  2. The Information Age. Generally associated by most parties with inequality, high rates of invention and innovation (measured by patent application) are associated with greater equality, not inequality.
  3. Unionization. Although lower levels of unionization in the US are often blamed for inequality by the political left, no correlation was found between the growth in inequality and the level of unionization.
  4. Immigration. Often blamed by the political right for inequality, high levels of immigration are associated with more equality, not inequality.
  5. CEO and Managerial Compensation. Rothwell points out that the US top wage earners have fewer top executives than in other countries.

--

--

--

Free markets/free minds. Question all narratives. If you think one political party is perfect and the other party is evil, the problem with our politics is you.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Ways Commercial Real Estate Protects Against Inflation

Exporters to get tax refund within 6–10 days, Shipping lines plan to charge no-show penalty & more…

‘NonCo-operation V2.0’ Stock Markets defies the Economy!

Is There a Correlation Between Tax Cuts and Tax Revenues? | Data Driven Investor

More Spending Does Not Drive More Employment

Let’s stop economic inequality (Part 2)

Why Stock Market is Crashing and Stockenja’s Outlook — Oct 26, 2018

It’s the End of the (First) World.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Kady M.

Kady M.

Free markets/free minds. Question all narratives. If you think one political party is perfect and the other party is evil, the problem with our politics is you.

More from Medium

May 2022: Why Not Walk the Neighborhood?

The Legalization of Psilocybin Is an Interesting Social Experiment

Women Empowerment: The Need of today's world

US Politics Copying the Handmaiden’s Tale Isn’t Your Biggest Problem

mother and five children relax playing near christmas tree on christmas eve at home