Unit 4: Labor and Efficiency: Resource Markets, Inequality, and Immigration

Lesson 20a: Income Inequality and Discrimination

Assignments: Readings

pp. 324-326, (19th, 260-262), "Marginal Productivity Theory of Income Distribution" pp. 465-475, (19th, 410-419), "Facts about Income Inequality", "Causes of Income Inequality", "Income Inequality over Time", "Equality versus Efficiency" pp. 482-485, (19th, 426-427), "Occupational Segregation: The Crowding Model" Model Summaries Oxfam report highlights widening income gap between rich, poor Researchers Examine Gap between Rich and Poor (NPR Morning edition, 1/28/2014) Read or listen 5:43 Guaranteed Basic Income / Universal Basic Income As Our Jobs Are Automated, Some Say We'll Need A Guaranteed Basic Income (NPR Morning edition, 8/24/2016) Read or listen 5:53) Tiny Indian state proposes world’s biggest experiment with guaranteed income (Washington Post, Jan. 18, 2019) Lecture Outline

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