Day: 24 November 2012

Income inequality is still a major problem

Letter to the National Post (November 23, 2012) This article on the Fraser Institute’s take on income mobility confuses personal income growth with (inter-generational) income mobility. Over a course of a lifetime income rises as people get promoted, etc., and typically peaks in the 40s and 50s. So there’s no surprise that 83% of the…

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