Proponents of reducing inequality often argue that growing income disparities are a problem in and of themselves. But Stefan Kühn, a public policy professor at the University of Maryland, says that this is a misguided way of looking at the issue. In his new book, The Unconventional Wisdom on Income Inequality, Kühn argues that growing inequality is actually a symptom of larger economic problems. Instead of focusing on reducing inequality, policymakers should focus on creating jobs and boosting the economy.
Professor Stefan Kühn argues that attempts to reduce inequality are a misguided way of addressing the problems faced by America’s poorest citizens.
Kühn believes that growing inequality is not a problem in and of itself, but rather a symptom of larger economic problems. In fact, he argues that concentrating on reducing inequality is misguided and a waste of time.
Instead, Kühn suggests that policymakers should focus on creating jobs and boosting the economy – two things that are much more important when it comes to helping the poorest citizens in America.
He believes that growing inequality is not a problem in and of itself, but rather a symptom of larger economic problems.
According to Stefan Kühn, growing inequality is a symptom of larger economic problems, not a problem in and of itself. He points to declining wages as one example – even though the rich are making more money, the average worker is not seeing that growth in their paychecks. In fact, median income has actually declined in both real terms (adjusted for inflation) and as a share of the overall economy since 2000.
Reducing inequality, according to Kühn, is misguided because it won’t address the root causes of poverty. He notes that there is little correlation between incomes and social indicators such as education levels, health insurance coverage, or housing tenure. In fact, countries with higher levels of inequality also tend to have lower levels of social progress.
Instead, Kühn says policymakers should focus on creating jobs and boosting the economy. This will allow people from all walks of life to experience increased prosperity and improved social conditions. By doing so, America can become a country that works for all – regardless of socio-economic status.
Kühn suggests that policymakers should focus on creating jobs and boosting the economy, instead of reducing inequality.
The professor believes that growing inequality is not a problem in and of itself, but rather a symptom of larger economic problems. He argues that reducing inequality is a misguided way of addressing the problems faced by America’s poorest citizens. Stefan Kühn suggests that policymakers should focus on creating jobs and boosting the economy instead of reducing inequality.
Reducing inequality, according to Stefan Kühn, is a misguided way of addressing the larger economic problems that are actually causing growing inequality. Creating more jobs and boosting the economy are the best ways for policymakers to help America’s poorest citizens. The professor believes that fighting inequality is not the most important thing that policymakers can be doing right now.
Kühn’s argument is convincing—reducing inequality is not the most effective way to help the poorest Americans. Instead, policymakers should focus on creating jobs and boosting the economy.