Sunday, June 30, 2013

Debating the Rise of the Top 1 Percent

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http://www.epi.org/blog/debating-rise-top-1-percent-incomes/

From the site:

Our argument (shocker) is that the rise of the top 1 percent of incomes is not simply the result of a competitive, well-functioning market rewarding skills and capital to the precise degree necessary to elicit their supply. Instead, lots of the rise in top 1 percent of incomes is about the creation and/or redistribution of economic rents.

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