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Therefore, the only way of making the decline of inequality observed during the period 2000 2011 sustainable is by facilitating access to education for more vulnerable groups.
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To understand the post-2000 decline of income inequality in the region, the authors carry out an in-depth analysis of the experiences of Argentina, Brazil, and Mexico.
And that form of inequality declined in the U.S. as we approached full employment from 1994 to 2000.
But there is a new force in the Democratic Party, represented by the Bernie Sanders campaign, with a very different strategy for winning elections -- a strategy built on an economic agenda for the people, not the wealthy -- and a fundraising strategy which can give Democrats the freedom to attack the growing problems of inequality, declining wages and economic stagnation.
It also includes a story on a Chilean programme to attract entrepreneurs, along with an argument that the United States should follow Chile's lead and a profile of one company in it that still faces bureacratic obstacles; an analysis of declining inequality in Latin America; a summary of Brazil's municipal elections; and a report on the seizure of an Argentine ship by hold-out creditors.
If the nature of the economy changes, and a small number of people capture the lion's share of pretax income, then the tax rates on them would automatically rise, and the tax rates on lower-income people decline, until today's level of inequality was restored.
Mr Piketty's work suggests there was little sign of any natural decline in inequality on the outbreak of the first world war.The wars and depressions between 1914 and 1950 dragged the wealthy back to earth.
Therefore such a methodological choice is bound to bias the results in the direction of declining inequality...The gap seems particularly large for the case of Britain, which could reflect the fact that the "wealth and assets survey" seems particularly bad at measuring the top part of the wealth distribution of the UK.
The years of declining income inequality had their own hidden inequities.
Therefore such a methodological choice is bound to bias the results in the direction of declining inequality.
Another source of inequality has been the decline of organized labor.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com