Great Divergence (inequality)
id:
great-divergence-inequality-166-18333621
title:
Great Divergence (inequality)
text:
The Great Divergence is a term given to a period, starting in the late 1970s, during which income differences drastically increased in the United States and, to a lesser extent, in other countries. The term originated with the Nobel laureate, Princeton economist and The New York Times columnist Paul Krugman, and is a reference to the "Great Compression", an earlier era in the 1930s and the 1940s when incomes became more equal in the US and elsewhere. A 2017 report by the Congressional Budget Off
brand slug:
wiki
category slug:
encyclopedia
description:
Period of growing economic inequality
original url:
https://en.wikipedia.org/wiki/Great_Divergence_(inequality)
date created:
2012-02-01T23:18:12Z
date modified:
2024-08-30T03:29:23Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/c/c0/U.S._Pre-Tax_Income_Share_Top_1_Pct_and_0.1_Pct_1913_to_2016.png","width":1386,"height":782}
fields total:
13
integrity:
16