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Macroeconomic Inequality from Reagan to Trump
- Market Power, Wage Repression, Asset Price Inflation, and Industrial Decline
part of the Studies in New Economic Thinking series
- Binding:
- Hardback
- Pages:
- 170
- Published:
- August 19, 2020
- Dimensions:
- 235x159x18 mm.
- Weight:
- 378 g.
Delivery:
2-3 weeks
Expected delivery: December 5, 2024
About Lance (New School for Social Research Taylor
View all books by Lance (New School for Social Research TaylorDescription of Macroeconomic Inequality from Reagan to Trump
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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