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Rising US income and wealth inequality results from repression of real wage growth and production realignments benefitting the top one percent of households. Middle class wage-earning households have been hurt. Wage repression has led to slow inflation and low interest rates that sparked capital gains for the top one percent.
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Macroeconomic Inequality from Reagan to Trump, Lance Taylor
- Language
- Released
- 2020
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- (Paperback)
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