Policies to Reverse Inequality

In an INET blog, “Trump-Style Policies Will Deepen the ‘American Carnage,’ New School Economics Professor Emeritus Lance Taylor describes how we got into this “distributional mess” and how Trump’s proposed budget will feed, rather than starve, inequality. He also proposes policies - tax reform, targeted redistribution, and wage growth for lower income groups – that are big enough to overcome the reinforcing properties of wealth and generate broad-based economic progress.