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Licensed Unlicensed Requires Authentication Published by De Gruyter October 27, 2006

American Inequality: From IT Bust to Big Government Boom

  • James K. Galbraith and J. Travis Hale
From the journal The Economists' Voice

James K. Galbraith and Travis Hale argue that the IT bust and the subsequent fall in the NASDAQ led toward a convergence of income across American counties; yet amidst this movement toward greater equality, several counties have gone from rich to richer mainly due to increased government spending under the Bush administration.

Published Online: 2006-10-27

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston

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