Monday, July 03, 2017

MAKING SEN$E - Inequality Gap

"How globalization affects inequality and populism in one chart" PBS NewsHour 6/29/2017

Excerpt

SUMMARY:  The hottest curve in economics right now helps explain the rise of China, the rise of populism in Europe, and the rise of Donald Trump.  From a global perspective, income inequality has gone down.  But if you're middle class in the U.S. or Europe, you see the rich getting richer and inequality growing.  Economics correspondent Paul Solman examines the widening gap.

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