Is a Grand Bargain Worthwhile?
Econ 1: Spring 2012: U.C. Berkeley: Answers for Sample Midterm 2

Thoughts on Causes of Rising Inequality

20120330 Sources of Rising Inequality:

Two maldistributions: We should be investing much more in education, and because we aren't the distribution is unequal. Finance is the top 0.1% in finance exploiting the 3% investing class. We should fix these.

Two features: winner take all economy that raises inequality. We all spend a lot of our leisure time watching TV and on the Internet, which is very egalitarian.

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