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Reaction Paper - Essay Example

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From the article titled “Who killed inequality” we learn about the two theories on income equality: the theory of fatalists and the theory of redistributionists. The author of the article Ezra Klein states that these theories are doubtful and it is high time to consider the…
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Reaction Paper
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"Reaction Paper"

Download file to see previous pages Stiglitz emphasizes the problem of inequality and considers it to be the main aspect that prevents the economy of the United States from the recovery. The author is sure that it is inequality that does not allow American children to have equal opportunities and to develop. He argues that the parents of a great number of children will not be able to pay the loan they take to provide their child with education in all ones born days (Stiglitz).
The author of the third article not only states that inequality inhibits the growth but also wants to reveal the reasons of inequality. According to the author, during last several years the demand for goods and services declined as only rich people were able to pay for them. He explains it by the fact that the development of technology made many people loose the job as the technologies replaced people at the workplace. This led to the high level of unemployment ...Download file to see next pagesRead More
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