Wednesday, March 20, 2013

Why Progressives Need To Talk About Economic Mobility If They Want To Fix Inequality

Why Progressives Need To Talk About Economic Mobility If They Want To Fix Inequality: The conservative trickle-down approach to the economy assumes that maximizing rewards for those at the top is the path to both growth and prosperity for the society as a whole.  If inequality rises, that does not matter, runs the conservative argument, because absolute levels of prosperity will rise for everyone even if the top gains [...]/p