TOPICS
- Describing Income
Distribution
- Government Redistribution
- Growing Inequality
- The Equality Model (Pres. Trump example - lesson
1b)
- The Occupational Crowding Model
- Guaranteed Basic Income
OUTCOMES
Describe the distribution
of income in the United States (by quintile).
Explain how Lorenz curves and Gini
ratios are used to describe income
inequality.
Discuss the impact of income
mobility on income distribution data.
Explain the broadened concept of
income, which includes the effects of taxes and transfer
payments, and how this affects the extent of inequality
of income and poverty in the U.S.
List causes of an unequal income
distribution.
Describe changes and causes for
the changes in inequality since 1970.
The "Case for Equality Model" -
Understand the connection between the Pres. Trump example
of equity and the lesson 20a "Case for Equality Model"
and what is the problem with this reasoning (the equality
vs. efficiency argument)
Occupational Discrimination - "The
Crowding Model"
Guaranteed basic income (also
called "universal basic income" and "unconditional basic
income")
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