Top Institutions and Economists Now Say Globalization Increases Inequality
We’ve all heard that globalization lifts all boats and increases our prosperity …
But mainstream economists and organizations are now starting to say that globalization increases inequality.
The National Bureau of Economic Research – the largest economics research organization in the United States, with many Nobel economists and Chairmen of the Council of Economic Advisers as members – published, a report in May finding:
Recent globalization trends have increased U.S. inequality by disproportionately raising top incomes.
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