In the News
Why concentration of wealth makes the US economy fragile
24th June 2021
Robert Reich argues here that Americans should be concerned by rising inequality, of both income and wealth, and the structural problems that this implies.
He goes as far as to argue that the government needs to look at tackling monopoly power, strengthening trade unions - and by definition the share of income gained by labour relative to capital, and trying to reduce the influence of big business on US politics.
The American economy is perilously fragile. Concentration of wealth is to blame | Robert Reich https://t.co/4zvAS2EIUL
— Guardian US (@GuardianUS) June 23, 2021
- Economics
- Blog
- In the News
- Economic Inequality
- Income inequality
- Wealth inequality
- Poverty and inequality
- Gini coefficient
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
You might also like
Multi-Dimensional Poverty Index
Study Notes
Monetary Policy - Interest Rates and Inequality
Study Notes
The Economics of Enough
26th December 2014
China's huge changes
21st September 2015
Dambisa Moyo on fixing economic growth
10th February 2016
Absolute and Relative Poverty
Topic Videos
The return of outsider economics
9th September 2016
World Bank adds two new poverty lines
16th October 2017