Principles of Economics- Mankiw (5th) 425

Principles of Economics- Mankiw (5th) 425 - IN THIS CHAPTER...

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IN THIS CHAPTER YOU WILL . . . See how political philosophers view the government’s role in redistributing income Examine the degree of economic inequality in our society Consider some problems that arise when measuring economic inequality Consider the various policies aimed at helping poor families escape poverty “The only difference between the rich and other people,” Mary Colum once said to Ernest Hemingway, “is that the rich have more money.” Maybe so. But this claim leaves many questions unanswered. The gap between rich and poor is a fascinat- ing and important topic of study—for the comfortable rich, for the struggling poor, and for the aspiring and worried middle class. From the previous two chapters you should have some understanding about
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