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The Rich Get Richer... and Everyone Else Gets Poorer

by Masao Suzuki |
6/22/11
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On June 19th the Washington Post published “With Executive Pay, Rich Pull Away from Rest of America” by Peter Whoriskey. This very informative article connected the rise in corporate executive’s pay with the growing economic inequality in the United States, using the example of a large U.S. dairy company combined with recent research by economists on high incomes. At the same time the article only offered very vague explanations for why the rich are winning out at the expense of almost everyone else.

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