Income Inequality (US and the world)

Income Inequality explained.
References:

Quote on Socioeconomic Theory:
Kawachi, I., & Kennedy, B P (April 5, 1997). Health and social cohesion: why care about income inequality?. British Medical Journal, 314, n7086. p.1037(4).
Retrieved fromhttp://find.galegroup.com.bakerezproxy.palnet.info/gtx/start.do?prodId=EAIM&­userGroupName=lom_falconbaker
Gini coefficient - Wikipedia, the free encyclopedia. (n.d.).Wikipedia. Retrieved from
http://en.wikipedia.org/wiki/Gini_coefficient
2010 The Social Report. (n.d.).2010 The Social Report. Retrieved April 15, 2011, from www.socialreport.msd.govt.nz/economic-standard-living/income-inequality.html
Distribution of Family Income -- GINI Index. (n.d.).CIA - The world factbook. Retrieved from https://www.cia.gov/library/publications/the-world-factbook/fields/2172.html
Full PPT available @ http://www.swiftdataservices.com/PPT/Income%20Inequality%20-%20Laura%20Cricht...

Category:

News & Politics

Tags:

• Economics
• Income Inequality
• Tax the rich

[mrryguy844]

very helpful, thank you.  economics student

[brokkenstar]

Simple Greed causes income inequality, you know the Wall Street movie, or a better example would be Cuba. Fidel and Che saw a very few swimming in wealth, gross luxury, whilst millions of peasants were living in abject squalor - no running water or lights, shacks for houses. So the lawyer and the doctor, Fidel and Che,  got a ragtag army together and chased the greedy bastards from Cuba. George Washington and his ragtag army did the same thing and chased out a greedy monarch.

[sicily726]

Very nice, Laura! But be very careful! Disparities in income is very different from disparities in wealth--you could be wealthy and have low or no income (you could own valuable assets, for example, like a house worth a half a million dollars, but subsist on a low income like Social Security or have no income at all). BTW, I'm one of your FB friends!