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The Price of Inequality: How Today's Divided Society Endangers Our Future is a 2012 book by Joseph Stiglitz that deals with income inequality in the United States. He attacks the growing wealth disparity and the effects it has on the economy at large.
In The Price of Inequality Stiglitz lays out a comprehensive agenda to create a more dynamic economy and fairer and more equal society" ... (PDF) on November 22, 2009.
It also reflects the idea that the "99%" are paying the price for the mistakes of a tiny minority within the upper class. [27] [28] A chart showing the disparity in income distribution in the United States. [29] [30] Wealth inequality and income inequality have been central concerns among OWS protesters.
The Theil index is a statistic primarily used to measure economic inequality [1] and other economic phenomena, though it has also been used to measure racial segregation. [2] [3] The Theil index T T is the same as redundancy in information theory which is the maximum possible entropy of the data minus the observed entropy.
In the discrete case, an economic inequality index may be represented by a function I(x), where x is a set of n economic values (e.g. wealth or income) x={x 1,x 2,...,x n} with x i being the economic value associated with "economic agent" i.
Housing is too expensive, if there are options even available. Here's a breakdown of what's going on.
Gender research has heavily focused on the interaction between gender and the economy. Typically, research in this area involves the issue of the gender pay gap.Another aspect of gender research in economics is the less studied issue of gender-based price disparities in the cost of goods and services across different industries.
A jury found the teenager not guilty on Feb. 5 on a first-degree murder charge and a kidnapping charge in connection to the death of his mother.