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The War On Poverty's Results - Jim Huntzinger


The War On Poverty’s Results
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Data shows income inequality hasn’t changed over the past 100 years, and the three key wealth indicators are: productivity improvement (which has improved dramatically), income mobility, and personal well-being. “While income inequality is rising, inequality of personal well-being is dropping.”[1] George Mason University economist Tyler Cowen explains further:
[T]he inequality of personal well-being is sharply
down over the past hundred years and perhaps over the past twenty years as well. Bill Gates is much, much richer than I am, yet it is not obvious that he is much happier if, indeed, he is happier at all. I have access to penicillin, air travel, good cheap food, the Internet and virtually all of the technical innovations that Gates does. Like the vast majority of Americans….our health outcomes are in the same ballpark. I don’t have a private jet or take luxury vacations, and – I thi ....

United Kingdom , United States , Tyler Cowen , Bill Gates , James Sullivan , Emmanuel Saez , Bruce Meyer , Thomas Piketty , Peter Wehner , Robertp Beschel Jr , Bruced Meyer , Jamesx Sullivan , George Mason University , American Enterprise Institute , National Affairs , National Bureau Of Economic Research , Mason University , American Interest , Quarterly Journal , Material Well Being , Middle Class Since , Economic Inequality , Income Poverty , National Bureau , Economic Research , ஒன்றுபட்டது கிஂக்டம் ,

Income And Well-Being


Income And Well-Being
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The History Of Income Inequality And Popping Economic Bubbles), and the three key wealth indicators are: productivity improvement, (which has improved dramatically), income mobility, and personal well-being. “While income inequality is rising, inequality of personal well-being is dropping.”[1] George Mason University economist Tyler Cowen explains further:
[T]he inequality of personal well-being is sharply
down over the past hundred years and perhaps over the past twenty years as well.  Bill Gates is much, much richer than I am, yet it is not obvious that he is much happier if, indeed, he is happier at all.  I have access to penicillin, air travel, good cheap food, the Internet and virtually all of the technical innovations that Gates does.  Like the vast majority of Americans….our health outcomes are in the same ballpark.  I don’t have a private jet or take luxury vacations, and – I think it is fai ....

United Kingdom , United States , Tyler Cowen , Bill Gates , James Sullivan , Emmanuel Saez , Bruce Meyer , Thomas Piketty , Peter Wehner , Robertp Beschel Jr , Bruced Meyer , Jamesx Sullivan , George Mason University , American Enterprise Institute , National Affairs , National Bureau Of Economic Research , Mason University , American Interest , Quarterly Journal , Material Well Being , Middle Class Since , Economic Inequality , Income Poverty , National Bureau , Economic Research , ஒன்றுபட்டது கிஂக்டம் ,