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Income Inequality Is Not Rising Globally. It's Falling

by Tyler Cowen

Income inequality has surged as a political and economic issue, but the numbers don’t show that inequality is rising from a global perspective. Yes, the problem has become more acute within most individual nations, yet income inequality for the world as a whole has been falling for most of the last 20 years. It’s a fact that hasn’t been noted often enough.

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The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.

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