Harvard Economist, Claudia Goldin, On Income Inequality
"Is equality of income what we really want? Do we want everyone to have an equal chance to work 80 hours in their prime-time productive years? Yes, but we don't expect them to take that chance equally often."
Typical prof, Dr. Goldin. Elsewhere opining on the same topic in her book 'The Race Between Education & Technology', she observes that it was rising levels of economic inequality at the end of the 20th century, not slow productivity growth nor economic convergence between nations, that was at the root of the United States' economic trouble. Like most things, wealth distribution has its yins & yangs.
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Typical prof, Dr. Goldin. Elsewhere opining on the same topic in her book 'The Race Between Education & Technology', she observes that it was rising levels of economic inequality at the end of the 20th century, not slow productivity growth nor economic convergence between nations, that was at the root of the United States' economic trouble. Like most things, wealth
distribution has its yins & yangs.
She should maybe hook up with Mr. Romney.
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