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Macroeconomic Inequality from Reagan to Trump

- Market Power, Wage Repression, Asset Price Inflation, and Industrial Decline

About 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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  • Language:
  • English
  • ISBN:
  • 9781108796101
  • Binding:
  • Paperback
  • Pages:
  • 170
  • Published:
  • August 19, 2020
  • Dimensions:
  • 229x153x13 mm.
  • Weight:
  • 234 g.
Delivery: 1-2 weeks
Expected delivery: November 30, 2024

Description 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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