Monday, April 18, 2011

Is Increasing Income Inequality Really a Bad Thing?

link here to article

Joseph Stiglitz wrote an article in Vanity Fair, that we posted some time ago, on the problems with rising inequality. This prompted a bitter response from a writer for The Economist. The above link is a rebuttal from another writer for The Economist who restates the points made by his colleague and points out his disagreements on the salient points. For those who are interested in the debate the article by Stiglitz, and the two responses in The Economist, provide a good foundation for discussion on the debate.

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