Discussion: Income Inequality

By most measures, the U.S. now has more income inequality than it has for the past 60 years. Causes cited include both structural economic changes (globalization, automation, AI) and public policies. When is this a problem? Should every citizen have a ‘right’ to a minimum income? Economic dynamism creates winners and losers: are the benefits worth the costs? Is the inequality itself undesirable – even if the ‘have-nots’ are better off in a dynamic, but unequal, economy?

Photo by Redd F via Unsplash: https://unsplash.com/photos/5U_28ojjgms