Tag: inequality
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Recent studies have shown that the wage gap shrinks—or even reverses—when relevant factors are taken into account and comparisons are made between men and women in similar circumstances. …
Wall Street Journal: There Is No Male-Female Wage Gap A study of single, childless urban workers between the ages of 22 and 30 found that women earned 8% more than men. … Thus the mantra that women make only 77% of what men earn for equal work. But even a cursory review of the data…
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What Makes a Nation Rich? One Economist’s Big Answer
Esquire: What Makes a Nation Rich? One Economist's Big Answer We are the rich, the haves, the developed. And most of the rest — in Africa, South Asia, and South America, the Somalias and Bolivias and Bangladeshes of the world — are the nots. It's always been this way, a globe divided by wealth and…
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Why Health Care Will Never Be Equal
New York Times: Why Health Care Will Never Be Equal Greg Mankiw … Imagine that someone invented a pill even better than the one I take. Let’s call it the Dorian Gray pill, after the Oscar Wilde character. Every day that you take the Dorian Gray, you will not die, get sick, or even age.…
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Technology, Not Globalization, Feeds Income Inequality
Wall Street Journal: Technology, Not Globalization, Feeds Income Inequality Critics of globalization often cite increasing income inequality in their opposition, but a new study suggests that technological advances, not globalization, is responsible for an increase in the gap. “The observed rise in inequality across both developed and developing countries over the past two decades is…