ECONOMIC INEQUALITY: PERSPECTIVES, POLICIES and PRACTICES BSPA-UB.0043.001 Spring 2019 Tuesday/Thursday, 11:00Am

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24 January 2020

ECONOMIC INEQUALITY: PERSPECTIVES, POLICIES AND PRACTICES BSPA-UB.0043.001 Spring 2019 Tuesday/Thursday, 11:00am – 12:15pm Tisch LC-21

Dr. Matt Statler [email protected] Office hours by appointment

1) COURSE OVERVIEW

This course invites students to consider the causes and consequences of economic inequality from a variety of analytic perspectives, to judge the current situation based on their own ethical values, and to take concrete actions to bring about positive change in the world.

The format includes a discussion seminar and two major projects. In the seminar, students become familiar with relevant terms and concepts drawn from disciplines including economics, political science, sociology, organization studies and philosophy. Informed by these diverse perspectives, students undertake two projects. The first project focuses on the causes and consequences of inequality in the various contexts of individual students’ own hometowns. The second project focuses on possible points of leverage with the market, government and community sectors, and encourages students to work in groups and use these points of leverage to bring about a more just society.

The overall learning objectives are for students to become more familiar with the complexity of economic inequality as an empirical phenomenon, and more empowered to contribute pragmatically to a just society.

2) AGENDA SAMPLE

The week-to-week discussion seminar agenda and work plan for the projects appears below. All readings can be found through NYU’s library databases or in the public domain using the links provided. Students are encouraged to seek additional sources of information and analysis based on their own interests and aptitudes.

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THEME 1: WHAT IS ECONOMIC INEQUALITY?

Week 1: 1/28 & 1/30

Learning Objective: To understand how economic inequality is defined and measured, and to reflect critically on it from different political and philosophical perspectives.

Readings:

• Gini coefficient: http://en.wikipedia.org/wiki/Gini_coefficient • Lorenz curve: http://en.wikipedia.org/wiki/Lorenz_curve • World Wealth and Incomes Database: http://wid.world/ • Desilver, D. (2015). The many ways to measure economic inequality. Pew Research Center: http://www.pewresearch.org/fact-tank/2015/09/22/the-many-ways- to-measure-economic-inequality/ • Mankiw, G., (2013). “Defending the One Percent”, Journal of Economic Perspectives. http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.27.3.21 • Leonhardt, D. (2018). “We’re Measuring the Economy All Wrong,” The New York Times. https://www.nytimes.com/2018/09/14/opinion/columnists/great-recession- economy-gdp.html

Seminar activity: Facilitated discussion.

Project activity: n/a

Week 2: 2/4 & 2/6

Learning Objective: To situate the topic in historical and global contexts.

Readings:

• OECD Income Distribution Database. http://www.oecd.org/social/income- distribution-database.htm • World Inequality Report 2018: https://wir2018.wid.world/ • Opportunity Insights. https://opportunityinsights.org/ • IZA World of Labor.: https://wol.iza.org/key-topics/economic-inequality • Semega, J. etSAMPLE al (2019). Income and Poverty in the United States: 2018. U.S. Census Bureau, Current Population Reports. https://www.census.gov/library/publications/2019/demo/p60-266.html • United Nations Development Programme (UNDP). “Beyond Income, Beyond Averages, Beyond Today: Inequalities in Human Development in the 21st Century.” http://www.hdr.undp.org/sites/default/files/hdr2019.pdf

Seminar Activity: Facilitated discussion.

Project Activity: n/a

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THEME 2: WHAT ARE THE CAUSES AND CONSEQUENCES OF ECONOMIC INEQUALITY?

Week 3: 2/11 & 2/13

Learning Objective: To ask why inequality exists in reference to economics and technology.

Readings:

• Dabla-Norris, E., Kochhar, K., Suphaphiphat, N. Ricka, F, Tsounta, E. (2015). Causes and Consequences of Income Inequality: A Global Perspective. IMF Staff Discussion Note. https://www.imf.org/external/pubs/ft/sdn/2015/sdn1513.pdf • Molander, P. (2016). The Anatomy of Inequality. Melville House: Brooklyn. Read pp 54-56 provided in class. • Autor, D. (2014). Skills, Education And The Rise Of Earnings Inequality, Science Vol. 344 no. 6186 pp. 843-85 • Ravaillion, M. (2014). Income Inequality In The Developing World, Science Vol. 344 no. 6186 pp. 851-855. • Crawford, K. (2018). Machine Learning, Bias and Implications for Inequality. https://www.etftrends.com/robotics-ai-channel/machine-learning-bias-and- implications-for-inequality/ • Phillipon, T. (2019). The Great Reversal: How America Gave Up on Free Markets. Presentation at the Brookings Institute: https://www.brookings.edu/events/the-great- reversal-how-america-gave-up-on-free-markets/

Seminar Activity: Facilitated discussion.

Project Activity: n/a

Week 4: 2/18 & 2/20

Learning ObjectiveSAMPLE: To ask why economic inequality exists in reference to political science and sociology.

Readings:

• Erikson, R. S. (2015). Income Inequality and Policy Responsiveness. Annual Review of Political Science, 18, 11-29. • Leicht, K. T. (2016). Getting Serious About Inequality. The Sociological Quarterly, 57(2), 211-231.

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• Patten, E. (2016). Racial, gender wage gaps persist in U.S. despite some progress. Pew Research Center. http://www.pewresearch.org/fact-tank/2016/07/01/racial- gender-wage-gaps-persist-in-u-s-despite-some-progress/ • Jackson, T. (2018). The Inequality of “Human Rights, Public Books https://www.publicbooks.org/the-inequality-of-human-rights/ • Arango, T. (2019) ‘Turn Off the Sunshine’: Why Shade is a Mark of Privilege in Los Angeles. New York Times. https://www.nytimes.com/2019/12/01/us/los-angeles- shade-climate-change.html • Badger, E. & Bui, Q. (2018). Detailed Maps Show How Neighborhoods Shape Children for Life. New York Times. https://www.nytimes.com/2018/10/01/upshot/maps-neighborhoods-shape-child- poverty.html • Jarvie, J. (2018). U.N.'s poverty and human rights special rapporteur finds U.S. policies reward wealthy, punish poor. Los Angeles Times. https://www.latimes.com/nation/la-na-un-poverty-inequality-report-20180602- htmlstory.html

Seminar Activity: Facilitated Discussion

Project Activity: Begin individual research project: What is the status, including the causes and consequences, of economic inequality where you are from? Additional guidance provided in class.

Week 5: 2/25 & 2/27

Learning Objective: To consider the economic, political and social impacts attributed to economic inequality.

Readings:

• Chetty, R et al. (2017). The Fading American Dream: Trends in Absolute Income Mobility Since 1940. Science 356(6336). • Wilkinson, R. (2011). How Economic Inequality Harms Societies: http://www.ted.com/talks/richard_wilkinson.html • Deaton, A. (2013). “What’s Wrong With Inequality”, The Lancet. http://scholar.princeton.edu/sites/default/files/deaton/files/deaton_whats_wrong_with _inequality_lancet_feb_2013.pdfSAMPLE • Hausofer, J & Fehr, E. (2014). “On the Psychology of Poverty”, Science Vol. 344 no. 6186 pp. 862-867 • Solt, F. (2011). Diversionary nationalism: Economic inequality and the formation of national pride. The Journal of Politics, 73(3), 821-830.

Seminar Activity: Facilitated Discussion

Project Activity: Continue individual research project: What is the status, including the causes and consequences, of economic inequality where you are from?

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Week 6: 3/3 & 3/5

Learning Objective: To debate normative questions about whether economic inequality is good or bad, just or unjust.

Readings:

• “Economics and Economic Justice”, Stanford Encyclopedia of Philosophy. https://plato.stanford.edu/entries/economic-justice/ • Folbre, N. (2016). Just deserts? Earnings inequality and bargaining power in the U.S. economy. Washington Center for Equitable Growth. Working paper series. http://equitablegrowth.org/working-papers/earnings-inequality-and-bargaining-power/ • Pope Francis, (2015). Encyclical on Climate Change & Inequality. Brooklyn: Melville House. Excerpts TBD. • Toyama, K. (2012). What Moral Philosophy Tells Us About Income Inequality. The Atlantic. http://www.theatlantic.com/business/archive/2012/02/what-moral- philosophy-tells-us-about-income-inequality/252455/ • Sachs, J. (2016). The Ethics of Wealth, Poverty and Inequality: https://www.coursera.org/learn/sustainable-development/lecture/Lmnta/the-ethics-of- wealth-poverty-and-inequality

Seminar Activity: Facilitated Discussion

Project Activity: Continue individual research project: What is the status, including the causes and consequences, of economic inequality where you are from?

Week 7: 3/10 & 3/12

Learning Objective: To become aware of the broad range of perspectives on economic inequality.

Readings: TBD – students bring short, illustrative texts as handouts to accompany presentations.

Seminar Activity:SAMPLE Student individual presentations (~10-15 min, plus Q&A)

Project Activity: Completion of project #1.

Spring Break: 3/16-3/22

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Week 8: 3/24 & 3/26

Learning Objective: To become aware of the broad range of perspectives on economic inequality.

Readings: TBD – students bring short, illustrative texts as handouts to accompany presentations.

Seminar Activity: Student individual presentations, cont. (~10-15 min, plus Q&A)

Project Activity: Completion of project #1.

THEME 3: WHAT SHOULD BE DONE ABOUT ECONOMIC INEQUALITY?

Week 9: 3/31 & 4/2

Learning Objective: To ask what governments can/should do about inequality.

Readings:

• World Inequality Report 2018. Excerpt including pp.248-291. http://wir2018.wid.world/files/download/wir2018-full-report-english.pdf • Responding to Rising Inequality: Policy Interventions to Ensure Opportunity for All. (2017). The Haas Institute for a Fair and Inclusive Society. http://haasinstitute.berkeley.edu/responding-rising-inequality-policy-brief • Collins, C. (2017). Reversing Inequality: Unleashing the Transformative Potential of an Equitable Economy. Institute for Policy Studies. https://thenextsystem.org/inequality#interventions-and-solutions • Bonica, A., McCarty, N., Poole, K and Rosenthal, H. (2013). "Why Hasn't Democracy Slowed Rising Inequality?" Journal of Economic Perspectives, 27(3): 103-24. • Atkinson, A. (2013). “Reducing Income Inequality In Europe,” IZA Journal of European Labor Studies. http://www.izajoels.com/content/2/1/12 • Krugman, P. (2018) The Economics of Soaking the Rich. The New York Times. https://www.nytimes.com/2019/01/05/opinion/alexandriaSAMPLE-ocasio-cortez-tax-policy- dance.html

Seminar Activity: Facilitated discussion.

Project Activity: Begin Project #2, individually or in small groups: Advocacy, Activism and Action: What Should Be Done About Economic Inequality. Students will explore and identify a particular point of leverage – it could be a government policy, a business strategy, a public awareness campaign, an op-ed, a coalition of NGO’s – that could be accessed and utilized. Students will then undertake whatever measures are necessary

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and appropriate to use that point of leverage to impact the status of economic inequality in the world.

Week 10: 4/7 & 4/9

Learning Objective: To ask what private sector organizations can do to address economic inequality.

Readings:

• Posner, M. (2016). Fighting income inequality: the role business can play. The Conversation. http://theconversation.com/fighting-income-inequality-the-role- business-can-play-59812 • Benioff, M. (2019). We Need a New Capitalism. New York Times. https://www.nytimes.com/2019/10/14/opinion/benioff-salesforce-capitalism.html • Ferreras, I (2019) The American Corporation is in Crisis – Let’s Rethink It. Boston Review. http://bostonreview.net/forum/american-corporation-crisis%E2%80%94lets- rethink-it/isabelle-ferreras-shareholders-versus- stakeholders#.XZSssk4T0Ok.facebook • Cobb, J. A. (2016). How firms shape income inequality: Stakeholder power, executive decision making, and the structuring of employment relationships. Academy of Management Review, 41(2), 324-348. • Dalio, R. (2019). Why and How Capitalism Needs to Be Reformed. Economic Principles. https://economicprinciples.org/Why-and-How-Capitalism-Needs-To-Be- Reformed/ • Weise, K. (2018). Microsoft Pledges $500 Million for Affordable Housing in Seattle Area. New York Times. https://www.nytimes.com/2019/01/16/technology/microsoft- affordable-housing-seattle.html • Heller, N. (2018). Insanely Good: Making Big Business out of Social Philanthropy. The New Yorker. https://www.newyorker.com/tech/annals-of-technology/insanely- good-making-big-business-out-of-social-philanthropy

Seminar Activity: Facilitated discussion.

Project Activity: Continue Project #2, in small groups: Advocacy, Activism and Action: What Should Be Done About Economic Inequality? Students continue to explore possible points ofSAMPLE leverage.

Week 11: 4/14 & 4/16

Learning Objective: To ask what nonprofits, NGO’s and the community sector can/should do to address economic inequality.

Readings:

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• Roseman, M. (2014). “Fighting Income Inequality Should be Top Nonprofit Priority, Chronicle of Philanthropy, http://philanthropy.com/article/Fighting-Income- Inequality/144121/ • Goal 10: Reduce inequality within and among countries. http://www.un.org/sustainabledevelopment/inequality/ • Walker, D. Toward a New Gospel of Wealth. Ford Foundation. https://www.fordfoundation.org/ideas/equals-change-blog/posts/toward-a-new- gospel-of-wealth/ • Dean, A. (2017). If Foundations Want to Tackle Inequality, Labor Must Be a Partner. Stanford Social Innovation Review. https://ssir.org/articles/entry/if_foundations_want_to_tackle_inequality_labor_must_b e_a_partner • Callahan, D. (2017). Systemic Failure: Four Reasons Philanthropy Keeps Losing the Battle Against Inequality. Inside Philanthropy. https://www.insidephilanthropy.com/home/2018/1/10/systemic-failure-four-reasons- philanthropy-keeps-losing-the-battle-against-inequality

Seminar Activity: Facilitated discussion.

Project Activity: Continue Project #2, in small groups: Advocacy, Activism and Action: What Should Be Done About Economic Inequality? Students continue to explore possible points of leverage.

Week 12: 4/21 & 4/23

Learning Objective: To take concrete action steps that impact the status of economic inequality in the world.

Readings:

• TBD – Based on project-specific objectives

Seminar Activity: Action workshop.

Project Activity: Teams take whatever actions are necessary and appropriate – researching, writing, outreach, networking, etc. SAMPLE Week 13: 4/28 & 4/30

Learning Objective: To describe and reflect on actions.

Readings:

• TBD – Based on project-specific objectives

Seminar Activity: Student group presentations.

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Project Activity: Completion of Project #2.

Week 14: 5/5 & 5/7

Learning Objective: To describe and reflect on actions.

Readings:

• TBD – Based on project-specific objectives

Seminar Activity: Student group presentations.

Project Activity: Completion of Project #2. Students complete 5-7 page reflection papers.

3) LOGISTICS

Assignments & Grading

• Class participation: 30% of total grade • Project #1, including written report and in-class presentation: 30% • Project #2, including written report and in-class presentation: 30% • Final reflection papers: 10%

Policies

This course involves collaboration among students and faculty, as well as outreach to external stakeholders. Rather than following a series of specific policies that prescribe or proscribe certain behaviors, all participants are encouraged simply to follow the golden rule. Students are particularly encouraged to act as business professionals, representing themselves and the NYU community well. SAMPLE

4) LINK SLURRY

Since last year…

• http://bostonreview.net/forum/lenore-palladino-american-corporation- crisis%E2%80%94lets-rethink-it • https://www.newyorker.com/magazine/2019/09/02/the-rich-cant-get-richer-forever- can-they

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• https://podcasts.apple.com/us/podcast/on-being-with-krista- tippett/id150892556?i=1000423933244 • https://www.nytimes.com/interactive/2019/02/21/magazine/minimum-wage-saving- lives.html • https://www.nytimes.com/interactive/2018/05/20/nyregion/affordable-housing- nyc.html • https://www.nytimes.com/2017/05/09/magazine/how-homeownership-became-the- engine-of-american-inequality.html • https://www.wnycstudios.org/podcasts/otm/scarlet-e-unmasking-americas-eviction- crisis • http://inequality.wpengine.com/ • Barth E. et al, (2014). “It's Where You Work: Increases in Earnings Dispersion across Establishments and Individuals in the U.S,” NBER Working Paper No. 20447. • https://www.wsj.com/articles/the-great-reversal-review-when-bigger-is-not-better- 11573084540 • https://www.aljazeera.com/indepth/opinion/2017/05/africa-poor-stealing-wealth- 170524063731884.html • https://www.aljazeera.com/indepth/opinion/2017/05/africa-poor-stealing-wealth- 170524063731884.html • https://www.economist.com/special-report/2020/01/16/housing-is-at-the-root-of- many-of-the-rich-worlds-problems • https://www.npr.org/sections/goatsandsoda/2019/12/09/786315267/theres-a-new- kind-of-inequality-and-it-s-not-about-income • https://www.smithsonianmag.com/history/massive-new-database-connect-billions- historic-records-tell-full-story-american-slavery-180973721/ • https://www.theatlantic.com/business/archive/2017/04/richard-florida-winner-take-all- new-urban-crisis/522630/ • https://www.nytimes.com/2019/12/02/upshot/wealth-poverty-divide-american- cities.html • https://www.nytimes.com/interactive/2018/10/18/nyregion/new-york-city-inequality- gentrification.html • https://www.nytimes.com/interactive/2018/08/04/upshot/up-birth-age-gap.html • https://www.vox.com/policy-and-politics/2018/1/10/16850050/inequality-tax-return- data-saez-piketty • http://davidsplinter.com/AutenSplinter-Tax_Data_and_Inequality.pdf • • https://www.fordfoundation.org/work/challenging-inequality/ • http://fortune.com/2017/01/17/automation-workers-marc-benioff/ SAMPLE LINK SLURRY BACKFILL

• https://www.moneycontrol.com/news/business/economy/opinion-how-global-financial-crisis- altered-the-course-of-economic-thinking-2935571.html • https://www.nytimes.com/interactive/2018/08/17/us/asian-income-inequality.html • http://gabriel-zucman.eu/files/PSZ2018QJE.pdf • http://www.nytimes.com/2016/12/08/opinion/the-american-dream-quantified-at-last.html • http://www.economist.com/news/books-and-arts/21653596-anthony-atkinson-godfather- inequality-research-growing-problem-mind-gap

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• http://www.theatlantic.com/business/archive/2016/09/why-so-few-american-economists-are- studying-inequality/499253/ • http://ilo.org/global/research/topics/income-inequalities/lang--en/index.htm • http://www.ips-dc.org/billionaire-bonanza/ • https://www.gatesnotes.com/Books/Why-Inequality-Matters-Capital-in-21st-Century-Review • http://www.latimes.com/opinion/op-ed/la-oe-1011-frankfurt-inequality-morality-20151011- story.html • https://opinionator.blogs.nytimes.com/2015/04/23/inequalities-we-can-live-with/ • https://www.amazon.com/Well-Being-Fair-Distribution-Cost-Benefit- Analysis/dp/0195384997/ref=sr_1_1?s=books&ie=UTF8&qid=1484340826&sr=1- 1&keywords=Well-being+and+Fair+Distribution%3A+Beyond+Cost-Benefit+Analysis • http://www.paulgraham.com/ineq.html • http://www.thecritique.com/articles/paul-graham-silicon-valley-economic-inequality/ • http://www.cnn.com/2013/07/25/opinion/sutter-income-inequality-moral-obama/ • https://www.ineteconomics.org/ • http://www.globalpolicyjournal.com/blog/21/04/2016/book-review-global-inequality-new- approach-age-globalization • https://lagunita.stanford.edu/courses/course- v1:HumanitiesSciences+PovertyCourse+Fall2016/about • http://www.counterpunch.org/2016/09/20/celebrating-the-one-percent-is-inequality-really- good-for-the-economy/ • https://www.thestreet.com/story/13743381/1/what-s-really-causing-income-inequality- federal-reserve-policies.html • http://m.motherjones.com/kevin-drum/2016/09/new-study-says-rising-inequality-killing- economy • http://ijr.com/2016/09/689559-income-inequality-cato-report-analysis-myths/ • http://mobile.nytimes.com/2016/09/14/business/economy/americas-inequality-problem-real- income-gains-are-brief-and-hard-to-find.html?referer=https://www.google.com/ • http://www.businessinsider.com/umass-economist-rebuts-mankiw-paper-on-income- inequality-2016-10 • http://www.forbes.com/sites/arthurmachado/2016/09/16/degree-inflation- inequality/#42e3c18d2491 • http://www.foxnews.com/health/2016/09/30/child-fitness-gap-linked-to-income- inequality.html • https://www.google.com/amp/www.citylab.com/amp/article/510398/?client=safari • http://www.ips-dc.org/homes-getting-smaller-wealth-gap-gets-larger/ • http://www.theatlantic.com/business/archive/2016/09/fairfield-county/501215/ • http://www.nytimes.com/interactive/2016/09/06/upshot/up-geo-inequality.html • http://www.nytimes.com/2016/12/09/upshot/whatSAMPLE-would-it-take-to-replace-the-pay-working- class-americans-have- lost.html?hpw&rref=upshot&action=click&pgtype=Homepage&module=well- region®ion=bottom-well&WT.nav=bottom-well • http://evonomics.com/failed-economics-tyranny-of-mathematics-enslaved-wrong-theory/ • http://www.theatlantic.com/business/archive/2016/09/why-so-few-american-economists-are- studying-inequality/499253/ • https://medium.com/@Chris_arnade/trump-politics-and-option-pricing-or-why-trump-voters- are-not-idiots-1e364a4ed940#.tg8kyxdx6 • https://www.theatlantic.com/magazine/archive/2017/01/in-defense-of-facts/508748/

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• http://www.forbes.com/sites/niallmccarthy/2016/09/21/income-inequality-between-white- black-americans-is-worse-today-than-in-1979-infographic/#32979e507da5 • https://www.washingtonpost.com/opinions/how-obama-has-narrowed-the-income-inequality- gap/2016/09/23/affa4f6e-80d9-11e6-a52d- 9a865a0ed0d4_story.html?utm_term=.b0c884b6d7f4 • https://www.theguardian.com/technology/2016/dec/04/google-democracy-truth-internet- search-facebook • https://www.washingtonpost.com/news/monkey-cage/wp/2016/08/22/economic-anxiety-isnt- driving-racial-resentment-racial-resentment-is-driving-economic- anxiety/?utm_term=.5117d88e6a19 • https://www.washingtonpost.com/news/wonk/wp/2016/11/08/a-new-theory-for-why-trump- voters-are-so-angry-that-actually-makes-sense/ • http://time.com/4573307/donald-trump-white-rage/ • https://books.google.com/books?hl=en&lr=&id=4ksJuX02DNwC&oi=fnd&pg=PP1&dq=black +wealth+white+wealth&ots=kfpMJ3d7EH&sig=Uq1HdZ_hdpcuJpT7fEN5U- E0ioE#v=onepage&q=black%20wealth%20white%20wealth&f=false • https://www.theatlantic.com/business/archive/2016/11/things-are-about-to-get-much-worse- for-poor-americans/507143/ • http://www.vanityfair.com/news/2016/09/robert-reich-census-bureau-report • http://www.forbes.com/sites/eriksherman/2016/09/11/how-money-influence-and-gaslighting- support-income-inequality/#77d5df536c7b • https://www.brookings.edu/blog/the-avenue/2016/11/21/why-trumps-factory-job-promises- wont-pan-out-in-one- chart/?utm_medium=social&utm_source=facebook&utm_campaign=metro • https://www.nytimes.com/2016/11/22/opinion/a-jolt-of-blue-collar-hope.html?emc=eta1&_r=0 • http://inthesetimes.com/article/19452/we-the-plutocrats-vs.-we-the-people • http://www.nytimes.com/2016/12/07/business/economy/portland-oregon-tax-executive- pay.html?contentCollection=weekendreads&action=click&pgtype=Homepage&clickSource= story-heading&module=c-column-middle-span-region®ion=c-column-middle-span- region&WT.nav=c-column-middle-span-region • https://www.google.com/amp/www.citylab.com/amp/article/511088/?client=safari • http://www.nytimes.com/2016/12/08/opinion/the-american-dream-quantified-at-last.html • https://www.washingtonpost.com/news/opinions/wp/2016/10/04/if-you-think-education-is- the-solution-to-income-inequality-you-may-have-flunked- statistics/?utm_term=.1a5f78b2181a • http://m.huffpost.com/us/entry/12214500 • http://www.newsweek.com/deal-income-inequality-make-america-great-again-537489 • http://www.theatlantic.com/business/archive/2013/03/how-to-fix-americas-wealth-inequality- teach-americans-to-SAMPLEbe-cheap/273940/ • https://berniesanders.com/issues/income-and-wealth-inequality/ • http://reason.com/archives/2015/08/10/how-to-fix-the-economy-and-income-inequa • https://talkpoverty.org/2015/06/10/solutions-economic-inequality/ • https://www.theguardian.com/commentisfree/2015/dec/05/income-inequality-policy- capitalism • http://www.motherjones.com/environment/2015/05/climate-change-income-inequality • https://docs.google.com/document/d/1yA- qV1Qd8SCmOlmaUZ5F2HVnamsnv9Smea3qRUPSzhM/mobilebasic

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• Piketty, T. & Saez, E. (2014). “Inequality In The Long Run,” Science Vol. 344 no. 6186 pp. 838-843 http://eml.berkeley.edu/~saez/piketty-saezScience14.pdf • “The Middle Class is Steadily Eroding,” http://www.nytimes.com/2014/02/03/business/the- middle-class-is-steadily-eroding-just-ask-the-business-world.html?hp&_r=0 • “Thomas Piketty’s “Capital”, summarised in four paragraphs”, The Economist http://www.economist.com/blogs/economist-explains/2014/05/economist-explains • Niehues, J. (2014). “Cross Country Differences In Perceptions Of Inequality” http://www.voxeu.org/article/perceptions-inequality-europe-and-us • Alesina, A., Glaeser, E., & Sacerdote, B. (2001). Why Doesn't the US Have a European- Style Welfare System? (No. w8524). National bureau of economic research: http://scholar.harvard.edu/files/alesina/files/423__0332-alesina11.pdf • https://economix.blogs.nytimes.com/2014/03/25/qa-a-sociologist-on-inequality/?_r=0 • “Class In America: Mobility Measured” http://www.economist.com/news/united- states/21595437-america-no-less-socially-mobile-it-was-generation-ago-mobility-measured • Stiglitz J. (2014). “Inequality Is Not Inevitable” http://opinionator.blogs.nytimes.com/2014/06/27/inequality-is-not-inevitable/ • "We Can't Afford to Leave Inequality to the Economists," http://blogs.hbr.org/2014/01/we- cant-afford-to-leave-inequality-to-the-economists/ • Bandiera, O., Barankay, I., & Rasul, I. (2007) “Incentives for Managers and Inequality among Workers: Evidence from a Firm-Level Experiment,” The Quarterly Journal of Economics 122 (2): 729-773 (read excerpt TBD) • Altoni, J., Kahn, L. & Speer, J. (2014) “Trends in Earnings Differentials across College Majors and the Changing Task Composition of Jobs,” American Economic Review 104387- 393. (read excerpt TBD) • “How Increasing Income Inequality Is Dampening U.S. Economic Growth, And Possible Ways To Change The Tide,” (2014). Standard and Poor’s https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1351366&SctArtI d=255732&from=CM&nsl_code=LIME&sourceObjectId=8741033&sourceRevId=1&fee_ind= N&exp_date=20240804-19:41:13 • Autor, D. H., Katz, L. F., & Kearney, M. S. (2008). Trends in US wage inequality: Revising the revisionists. The Review of Economics and Statistics,90(2), 300-323. • American Democracy in An Age of Rising Inequality,” Task Force on Inequality and American Democracy, American Political Science Association (2004). http://www.apsanet.org/Files/Task%20Force%20Reports/taskforcereport.pdf • Gilens, M. (2014). Affluence and Influence: Economic Inequality and Political Power in America, • Saez, E. (2013) “Striking it Richer: The Evolution of Top Incomes in the United States,” http://eml.berkeley.edu/~saez/saezSAMPLE-UStopincomes-2012.pdf • “Divided We Stand: Why Inequality Keeps Rising,” (2011). p21-44. http://www.oecd.org/els/soc/49499779.pdf • Milanovic, B. (2012) “Global Inequality by the Numbers: in History and Now,” http://elibrary.worldbank.org/doi/pdf/10.1596/1813-9450-6259. • “International Labor Organization Declaration on Social Justice for a Fair Globalization,” (2008). http://ilo.org/global/meetings-and-events/campaigns/voices-on-social- justice/WCMS_099766/lang--en/index.htm • http://www.theguardian.com/business/2015/jan/19/global-wealth-oxfam-inequality-davos- economic-summit-switzerland?CMP=EMCNEWEML6619I2 • Inequality For All: http://inequalityforall.com

13 24 January 2020

• "When Bankers Were Good" (BBC): http://www.youtube.com/watch?v=cl1QQ-jX7nI • Park Avenue: Money, Power, and the American Dream: http://www.youtube.com/watch?v=6niWzomA_So • "We Can't Afford to Leave Inequality to the Economists" in HBR: http://blogs.hbr.org/2014/01/we-cant-afford-to-leave-inequality-to-the-economists/ • "Wealth of the 85 richest people equal to that of the poorest 3.5bn" in The Irish Times: http://www.irishtimes.com/business/economy/world/wealth-of-85-richest-people- equal-to-that-of-poorest-3-5bn-1.1661670 • "For the Love of Money" in The New York Times: http://www.nytimes.com/2014/01/19/opinion/sunday/for-the-love-of- money.html?smid=fb-share&_r=0&referrer= • "Why Corporations Might Not Mind a Moderate Depression" in The New York Times: http://krugman.blogs.nytimes.com/2013/12/25/why-corporations-might-not-mind- moderate-depression/ • "America's Socialism for the Rich" on Project Syndicate: http://www.project- syndicate.org/commentary/america-s-socialism-for-the-rich • "The Great Leap Generation F Needs to Make" in HBR.org: http://blogs.hbr.org/2014/01/the- great-leap-generation-f-needs-to-make/ • "Has Maximizing Shareholder Value Gone Too Far?" on HBR.org: http://blogs.hbr.org/2013/08/has-maximizing-shareholder-val/ • "It Is Expensive to Be Poor" in The Atlantic: http://www.theatlantic.com/business/archive/2014/01/it-is-expensive-to-be- poor/282979/ • "Will 2014 Finally Be the Year the Economy Works for Workers?" in The Atlantic: http://www.theatlantic.com/business/archive/2014/01/will-2014-be-the-year-the- economy-finally-works-for-workers/282761/ • "Materialism: A System That Eats Us from the Inside Out" in The Guardian: http://www.theguardian.com/commentisfree/2013/dec/09/materialism-system- eats-us-from-inside-out • "Redistribution, Inequality, and Growth" from the IMF: http://www.imf.org/external/pubs/ft/sdn/2014/sdn1402.pdf • "Fixing Inequality Won't Hurt the Economy" in The Atlantic: http://www.theatlantic.com/business/archive/2014/03/fixing-inequality-wont-hurt-the- economy/284159/ • "The Charitable-Industrial Complex" in The New York Times: http://www.nytimes.com/2013/07/27/opinion/the-charitable-industrial- complex.html?_r=1& • "How Inequality Hollows Out the Soul" in The New York Times: http://opinionator.blogs.nytimes.com/2014/02/02/howSAMPLE-inequality-hollows-out-the- soul/?_php=true&_type=blogs&_r=0 • "It's Expensive to Be Poor" in The Atlantic: http://www.theatlantic.com/business/archive/2014/01/it-is-expensive-to-be- poor/282979/ • "Capitalism Gone Wild" on HBR.org: http://hbr.org/video/2226808771001/capitalism-gone- wild • "Wealth Inequality in America: Perception vs. Reality": https://www.youtube.com/watch?v=LlYojsi3Zqw • "Britain's five richest families worth more than poorest 20%": http://www.theguardian.com/business/2014/mar/17/oxfam-report-scale-britain-growing- financial-inequality?CMP=EMCNEWEML6619I2