Widening Inequality Combined with Modest Growth
| Title: | Widening Inequality Combined with Modest Growth |
| Author: | Friedman, Benjamin Morton |
| Citation: | Friedman, Benjamin M. 2009. Widening inequality combined with modest growth. Challenge 52(3): 76-91. Previously presented at the AEA Annual Meeting, San Francisco 2009. |
| Full Text & Related Files: |
1275078466-Wide ... ned with Modest Growth.pdf (65.44Kb; PDF) 
|
| Abstract: | The author argues that inequality, combined with only modest growth, can have grave moral consequences. History suggests that, in the past, a rising standard of living has promoted tolerance for others, commitment to economic opportunity, and democracy. But stagnating incomes due to inequality can lead to the opposite outcomes. The nation’s response to immigration is a good example, says the author. |
| Published Version: | doi:10.2753/0577-5132520304 |
| Other Sources: | http://www.economics.harvard.edu/faculty/friedman/files/Widening%2BEquality%2BCombined%2Bwith%2BModest%2BGrowth.pdf |
| Terms of Use: | This article is made available under the terms and conditions applicable to Open Access Policy Articles, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#OAP |
| Citable link to this page: | http://nrs.harvard.edu/urn-3:HUL.InstRepos:4554326 |
This item appears in the following Collection(s)
-
FAS Scholarly Articles [5171]
Peer reviewed scholarly articles from the Faculty of Arts and Sciences of Harvard University
Contact administrator regarding this item (to report mistakes or request changes)
