Friday, August 8, 2014

Income Inequality Is Not Rising Globally. It's Falling.

Tyler Cowen writes in the New York Times: "Income inequality has surged as a political and economic issue, but the numbers don’t show that inequality is rising from a global perspective. Yes, the problem has become more acute within most individual nations, yet income inequality for the world as a wholehas been falling for most of the last 20 years. It’s a fact that hasn’t been noted often enough."

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