Essays on Income Inequality

The idea of the absolute basic income, given to all citizens at the government (or all individual citizens), was first demonstrated near the middle of the nineteenth century. But long before that there were thoughts of the so-called nominal income, the thought of the one-off contract and the purpose of the cultural contract (which however…

This comparative politics literature review aims to analyze, examine, and report the relationships between social policy programs and income inequality, in particular, looking at whether or not income inequality is a choice or not. According to our textbook, Ch. 35 focuses heavily on the discussion of welfare states, reducing poverty, and social policy expenditure. What…

Wealthy social orders with productive wellbeing frameworks, may be fruitful in getting their citizens to remain at domestic, work viably and may be able to dodge unemployment emergency for those at require, whereas not much moved forward societies are in an extraordinary havoc. The number of persons who passed away is rising so quickly and…

Income inequality in the United States has grown in recent decade and is now higher than in any other developed nation, with less class mobility than almost all other developed countries, and even some developing countries such as India and Russia. Income inequality is largely driven by the massive wage gap between the highest income…

Trade liberation can affect wealth distribution in many ways. On the one hand, based on Heckscher–Ohlin model greater openness should increase the relative demand and the prices for unskilled labor and lead to a more equal distribution of wages in the low-skilled-labor abundant countries (Stolper–Samuelson theorem). On the other hand, competitiveness from trade openness may…