Every indexed document

and showed that there may be no trade-off between efficiency and equality (51). In fact

job gains have come mainly in low-paying positions

through 2013. After expecting to see that long-awaited

with greater parent education positively

today's workers have been left behind by technological

though the dispersion of after-tax income in 2010

the distribution of net household income (after

concentration spiked from 2003 through 2007

doubling to approximately 8% of market income in 2007 from about 4% in 1979. Business income

inherited wealth has increased since the

which has held at $7.25 an hour since July

research on the trade effect has been inconclusive

and occupations requiring a college degree typically offer double the salary of those requiring a high

helped by technological innovation that broadened their reach across

with professional athletes and movie actors enjoying astronomical

all sources of income were less evenly distributed in 2007 than in 1979 (9).

income from capital and business had decreased to 20%

and about 8% from capital gains. By 2007

the bottom four-fifths of the income spectrum earned nearly 60% of total labor income

the Great Depression and Great Recession