The Traderszone Network

Published in TZ Latest News 14 August, 2014 by The TZ Newswire Staff

The bigger problem than income inequality

Thirty mayors of big cities in the U.S. met in New York this week, pledging to fight inequality, while another report blames the record income gap for weakness in the housing market. But Tyler Cowen, economist, professor at George Mason University and author of Average is Over, tells us all of the focus on inequality has somewhat obscured the actual problem, in his view.