Thursday 16 June 2016

Economic policy doesn't combat inequality anymore

Why policy makers don't understand the importance of an economic policy based on progressive redistribution? Flat taxation can't raise living standards and doesn't help economic growth.
As it is know, since the late 1980s the incomes of the very rich have been boosting. Consequently, the big problem for the bottom 90% of  Western countries workers  has been the rise inequality.
An interesting interview with the economist Joshua Bivens (https://www.washingtonpost.com) shows that fighting inequality may increase the rate of overall growth in the economy. 


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