The University of Massachusetts Amherst
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UMass Economics

New book by PhD alum Mark Stelzner “Economic Inequality and Policy Control in the United States”

The income share of the top one percent of the population in the United States has increased from a little over nine percent of national income in the 1970s to 22.46 percent in 2012 – a 144 percent increase. What is driving this astronomic growth in incomes for some? Is it possibly the result of non-meritorious forces? If so, how has this incredibly unequal development coexisted, and indeed worsened, in a political system based on equality?  Read more…..