Macroeconomic Inequality from Reagan to Trump

Market Power, Wage Repression, Asset Price Inflation, and Industrial Decline
Rising US income and wealth inequality results from repression of real wage growth and production realignments benefitting the top one percent of households. Middle class wage-earning households have been hurt. Wage repression has led to slow inflation and low interest rates that sparked capital gains for the top one percent.
August 2020, Studies in New Economic Thinking, Englisch
Cambridge Academic
978-1-108-49463-2

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