Robert wade - Why has income inequality remained marginal in public policy
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Robert wade - Why has income inequality remained marginal in public policy Presentation given at conference on 17/18 November in honour of Sir Richard Jolly
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Robert wade - Why has income inequality remained marginal in public policy
- 1. "Why has income inequality remained marginal in public policy, & how can center-left make it more central?”
- 7. US: income share of top 1%, 1913- 2006
- 8. Soaring top-end IN is Anglo-Am
- 9. Income Shares in Developed World, 1913-2003 (Alvaredo & Piketty, 2008) Top 1% Income Shares: Anglo-Saxon Countries Top 1% Income Shares: Continental Europe + Japan
Editor's Notes
- Crash in incomes in the top percentile due to WWI, stock market crash, great depression and WWII. Note that Sweden did not crash too much (neutral) Australia and NZ recover quickly due to increases in raw materials post WWII High shares in early 1900s due to lack of progressive taxation during the 1800s. Progressive taxation kept things low until the 1980s for Anglo countries