The Ascension Of The Inequality Debate

The Ascension Of The Inequality Debate

The Ascension Of The Inequality Debate

mankiw-makes-a-fool-of-himself-again/">Professor Lars Syll thinks I made of fool of myself inwards a mankiw.blogspot.com/2015/01/the-one-percent-updated">previous post when I wondered why nosotros bring alone late started discussing income inequality hence extensively, fifty-fifty though the increment inwards inequality occurred mainly betwixt 1980 as well as 2000.  He writes, "Wonder on which planet Greg has been living the final 20 years."

Of course, nosotros economists bring been discussing the theme for a long time. Indeed, I had a whole chapter on income inequality in the get-go edition of my favorite textbook, which came out almost 20 years ago.  But the public has been discussing the topic widely alone recently.

To document this fact for Professor Syll, I used the NY Times's real cool chronicle website to generate the nautical chart below. As you lot tin see, the per centum of NYT articles that uses the intelligence "inequality" has increased to a greater extent than than ten-fold inwards the by few years.  So has the per centum that uses the phrase "income inequality."

By the way, the before blip inwards the role of "inequality" was inwards 1866, the yr of the Civil Rights Act of 1866.  The inequality beingness discussed hence was political, non economic.  The broad intelligence of "income inequality" is unprecedented as well as real recent.


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