Economic theory behind policies

Feb 3rd, 2012
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A well written paper on Economic theory behind policies with the points of Income Distribution and Economic Policy, Growth/Inequality tradeoff, Social Structures and Culture at Play.

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Economic theory behind policiesNameTutorInstitutionCourseDate1. Income Distribution and Economic Policya) According to TWER (Linda Pinkow, 2012) the author says that the income distribution is a significant effect in most of the enduring issues of political economics. But in TSOWA (Lawrence mishel, 2012) the authors argue that there should be same income and for them to redistribute these income there should be a principal function from the government to enable equal redistribution between the haves and have-nots. Although other people do not support the income distribution by the government (Sen, 1992) since a statistical summary from TSOWA (Lawrence mishel, 2012) shows the income distribution of families in the U.S. is highly unequal since the World War II. The statistics further shows the income inequality to be much lesser than it was towards the end of the war. But the same statistics shows how there as been a decline of inqualityof family income slowly from 1946, though the figures starts to increase slowly as from 1969 through 1981 and thereafter up to date there has been a faster increase. However, income has been distributed unequally in the last 30 years whe

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