Sunday, April 3, 2011

Rising Income Inequality Takes a Hidden Toll

Robert Frank, NY Times
LIKE everyone else, government officials want to look good. That often leads them to enact policies that promote favorable movements in the indexes by which they are judged. But when those indexes are imperfect, bad choices often result. And that’s nowhere more evident than in economic policy.By far the most visible official summary measure of individual economic well-being is per capita gross domestic product — the annual market value of a country’s final goods and services divided by its population.

Source: http://www.realclearpolitics.com/2011/04/03/rising_income_inequality_takes_a_hidden_toll_253168.html

George Soros Aung San Suu Kyi Queen Elizabeth II King Abdullah Mahmoud Ahmadinejad

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