Wednesday, December 7, 2011

Economic Inequality

According to President Obama the inequality in US has increased a lot and has not been so high at great depression (http://politicalticker.blogs.cnn.com/2011/12/06/obama-compares-current-economy-to-great-depression/?hpt=hp_t1). This ties to what Kuznets curve shows i.e. with the increase in level of development the measure of inequality also increases.

No comments:

Post a Comment