Every time I hear about income disparity, I think about this article from NPR, which connects some key dots. Right before big economic collapses and bank failures, the income gap yawns open to eat all but the 1%. Then comes regulation on banks, income equality gets better, the economy improves, and the right decides it's time to deregulate again. And then we start the cycle again.
Here's the graph from Harvard Business School Professor David Moss in 2010:
Friday, January 02, 2015