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Management article
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Reference no. 96503
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1996

Abstract

From all points on the political map come the message that something is wrong with the U.S. economy. Indeed, income inequality has jumped in the past two decades in almost every category: college graduates have gained in comparison with high school graduates, older workers in comparison with younger ones, professionals in comparison with laborers. The list goes on. Economist Richard Freeman fears that the United States may be developing an apartheid economy, one in which the well-off are blind to the concerns of the poor. The debate is joined by five leaders from a variety of fields.

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Abstract

From all points on the political map come the message that something is wrong with the U.S. economy. Indeed, income inequality has jumped in the past two decades in almost every category: college graduates have gained in comparison with high school graduates, older workers in comparison with younger ones, professionals in comparison with laborers. The list goes on. Economist Richard Freeman fears that the United States may be developing an apartheid economy, one in which the well-off are blind to the concerns of the poor. The debate is joined by five leaders from a variety of fields.

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