In the News
Why concentration of wealth makes the US economy fragile
24th June 2021
Robert Reich argues here that Americans should be concerned by rising inequality, of both income and wealth, and the structural problems that this implies.
He goes as far as to argue that the government needs to look at tackling monopoly power, strengthening trade unions - and by definition the share of income gained by labour relative to capital, and trying to reduce the influence of big business on US politics.
The American economy is perilously fragile. Concentration of wealth is to blame | Robert Reich https://t.co/4zvAS2EIUL
— Guardian US (@GuardianUS) June 23, 2021
- Economics
- Blog
- In the News
- Economic Inequality
- Income inequality
- Wealth inequality
- Poverty and inequality
- Gini coefficient
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
You might also like
Fiscal Policy - How Much Could be Raised by a Wealth Tax?
27th October 2022
Economics taster or intro activity - Data Trumps!
17th June 2022
Market Structures and Economic Efficiency
Topic Videos
UK Energy Crisis - Updated Blog on the Fuel & Energy Crisis
23rd January 2022
Profits and Economic Efficiency Explained
Topic Videos
Earned and Unearned Income
Topic Videos
Poorer UK towns found to have the most betting shops
24th August 2021
Regional economics - Seaside poor health overlooked
21st July 2021