Krueger, Alan B. - Griswold Center for Economic Policy Studies, Department … - 2002
As the title of this essay suggests, I believe there are both positive and negative effects of inequality. On the … society and cause resources to be misallocated. Even if discrimination did not exist, however, income inequality would be …, poverty and income inequality create negative externalities. Consequently, it can be in the interest of the wealthy as well as …