regarding inequality and growth http://www.henrygeorge.org/pchp23.htm "*As productive power increases, rent tends to increase even more -- constantly forcing down wages."* * * *//* * * I also note a number of interesting posts from a current economist, Michael Hudson, in relation to Georgism ( http://en.wikipedia.org/wiki/Georgism ) : https://www.google.com/search?ix=sea&q=georgism+hudson On Thu, Mar 1, 2012 at 1:42 PM, Arno M wrote:
Thanks Dante!
http://en.wikipedia.org/wiki/Trickle_up_effect
"The *trickle up effect *argues itself as more effective than the trickle down effect because people who have less tend to buy more. ... The trickle up effect, in a corollary to this, states that benefiting the poor directly (for example through micro loans<http://en.wikipedia.org/wiki/Microcredit>) will boost the productivity of the society as a whole and thus those benefits will, in effect, "trickle up" to benefits for the wealthy."
Arno
On 29.02.2012 16:00, Dante-Gabryell Monson wrote:
Interesting graph on growth inequality, for US :
http://stateofworkingamerica.org/who-gains/#/?start=1986&end=2008
( with sliding scales )