Economic Inequality - Effects of Inequality

Effects of Inequality

Among the effects of inequality researchers have found include higher rates of health and social problems, and lower rates of social goods, a lower level of economic utility in society from resources devoted on high-end consumption, and even a lower level of economic growth when human capital is neglected for high-end consumption.

Read more about this topic:  Economic Inequality

Famous quotes containing the words effects of, effects and/or inequality:

    Some of the greatest and most lasting effects of genuine oratory have gone forth from secluded lecture desks into the hearts of quiet groups of students.
    Woodrow Wilson (1856–1924)

    Whereas Freud was for the most part concerned with the morbid effects of unconscious repression, Jung was more interested in the manifestations of unconscious expression, first in the dream and eventually in all the more orderly products of religion and art and morals.
    Lewis Mumford (1895–1990)

    The doctrine of equality!... But there exists no more poisonous poison: for it seems to be preached by justice itself, while it is the end of justice.... “Equality for equals, inequality for unequals”Mthat would be the true voice of justice: and, what follows from it, “Never make equal what is unequal.”
    Friedrich Nietzsche (1844–1900)