MC 201 Bartels Unequal Democracy

MC 201 Bartels Unequal Democracy - o Cut spending on...

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MC 201 Bartels Unequal Democracy 14:26 Political-Economist      study the interaction of politics and economy Income Inequality      the distance between income percentile  Between 1945 and 1979  income spheres there was no growing inequality  New Gilded age     = Income inequality  Relationship to Politics Government increases income inequality Gov is independent and economy is dependent  How the wealthy benefit o Tax cuts that favor the wealthy
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Unformatted text preview: o Cut spending on programs o Economic growth under Republicans is worse compared to Democrats o Fiscal and monetary policy were the tools to alter inequality What should we think of income inequality Some inequality is ok Varies o Its okay its natural o OMG the gov did this? Macroeconomics Aggregate demand(total spending) Aggregate supply (GNP/GDP) 14:26 14:26...
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MC 201 Bartels Unequal Democracy - o Cut spending on...

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