Must-Read: John Schmitt: OECD: Income Inequality Hampers Growth

Must-Read: John Schmitt: OECD: Income Inequality Hampers Growth: “‘Econometric analysis suggests that income inequality has… …a sizeable and statistically significant negative impact on growth.’… Between 1990 and 2010 gross domestic product per person in 19 core OECD countries grew by a total of 28 percent, but would have grown by 33 percent over the same … Continue reading Must-Read: John Schmitt: OECD: Income Inequality Hampers Growth