I’m reading Branko Milanovic’s “The Haves and the Have-Nots: A Brief and Idiosyncratic History of Global Inequality,” a book which puts inequality in a historical context to help us better understand our current circumstances. In the book, he passes on an idea from John Rawls which suggests that “income distribution (should) Read more…
PBS Frontline has a special airing on Tuesday night (7/9/13) on our growing inequality issues. Check out the trailer for that program.[youtube=http://youtu.be/9v2xqYmfcxo]
I encourage you to watch that program and if you feel so inclined, I’ve linked out to a handful of related articles below.
It seems we’ve allowed ourselves to fall into a reverse Robin Hood economic mess and we’ve got to be better informed if we’re going to pull ourselves out of it. (And that’s to say nothing to of the growing challenges of resource constraints which further complicate matters.) The chart below shows the trend of our Gini Coefficient over the past four plus decades.