Mar 18

We’re talking about inequality all wrong

The right measure is not how much wealth or income people have or receive, but their spending power after the government has levied taxes on those resources and supplemented those resources with welfare and other benefits.

Since Robert Putnam's youth, America has become more racially and religiously integrated, but more segregated by class. In his new book "Our Kids," the Harvard professor -- of "Bowling Alone" fame -- argues that social immobility presents an economic problem…

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