A commentary on tax and business law developments by Stuart Levine
Monday, August 21, 2006
Income and Wealth Inequality
Brad DeLong has a good summary of the various positions in the debate over whether the growing inequality of income and wealth is determined by governmental policies, including tax policies, or whether it is primarily an outgrowth of other factors such as technology and the globalization of labor markets. It's fairly lengthy as blog postings go, but well worth reading since DeLong is relatively even-handed in describing the various opposing points of view.