Discuss the effects of inequality through the labor markets.

Income/Wealth Inequality reached a short run low near the late-1970’s and has steadily increased. Measured via the Kuznet’s Curve, Lorenz Curve and Gini Coefficients, income and inequality is thought to be of such social significance today that social, political and enterprise leaders have all begun to decry its potentially damaging effects. Robert Reich’s Inequality for All deftly discusses the effects of inequality through the labor markets, while Piketty’s Capital in the 21st Century takes an holistic approach while putting inequality in historical perspective. Just as the concept of climate change has its detractors in the late 1990’s and early 2000’s, income and wealth inequality has moved from the fringe of political economy to the very center of the firestorm

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