GalleryRising income inequality in the U.S. was fuelled by Ronald Reagan’s attacks on union strength, and continued by Bill Clinton’s financial deregulation.
Income inequality in the U.S. has grown rapidly over the past thirty years, but almost no research has found that shifts in government policy led to greater inequality and the associated stagnation in middle incomes. In new research, David Jacobs finds evidence of the role of politics in determining inequality, by analyzing union strength. He finds that prior to […]
