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Ersatzschulen are ordinary primary or secondary schools, which are run by private individuals, private organizations or religious groups. These schools offer the same types of diplomas as public schools. Ersatzschulen lack the freedom to operate completely outside of government regulation. Teachers at Ersatzschulen mus... |
Ergänzungsschulen are secondary or post-secondary (non-tertiary) schools, which are run by private individuals, private organizations or rarely, religious groups and offer a type of education which is not available at public schools. Most of these schools are vocational schools. However, these vocational schools are no... |
In India, private schools are called independent schools, but since some private schools receive financial aid from the government, it can be an aided or an unaided school. So, in a strict sense, a private school is an unaided independent school. For the purpose of this definition, only receipt of financial aid is cons... |
Legally, only non-profit trusts and societies can run schools in India. They will have to satisfy a number of infrastructure and human resource related criteria to get Recognition (a form of license) from the government. Critics of this system point out that this leads to corruption by school inspectors who check compl... |
In Ireland, private schools (Irish: scoil phríobháideach) are unusual because a certain number of teacher's salaries are paid by the State. If the school wishes to employ extra teachers they are paid for with school fees, which tend to be relatively low in Ireland compared to the rest of the world. There is, however, a... |
After Malaysia's independence in 1957, the government instructed all schools to surrender their properties and be assimilated into the National School system. This caused an uproar among the Chinese and a compromise was achieved in that the schools would instead become "National Type" schools. Under such a system, the ... |
The other category of schools are those run and partly or fully funded by private individuals, private organizations and religious groups. The ones that accept government funds are called 'aided' schools. The private 'un-aided' schools are fully funded by private parties. The standard and the quality of education is qu... |
As of April 2014, there are 88 private schools in New Zealand, catering for around 28,000 students or 3.7% of the entire student population. Private school numbers have been in decline since the mid-1970s as a result of many private schools opting to become state-integrated schools, mostly due of financial difficulties... |
Private schools are often Anglican, such as King's College and Diocesan School for Girls in Auckland, St Paul's Collegiate School in Hamilton, St Peter's School in Cambridge, Samuel Marsden Collegiate School in Wellington, and Christ's College and St Margaret's College in Christchurch; or Presbyterian, such as Saint Ke... |
In the Philippines, the private sector has been a major provider of educational services, accounting for about 7.5% of primary enrollment, 32% of secondary enrollment and about 80% of tertiary enrollment. Private schools have proven to be efficient in resource utilization. Per unit costs in private schools are generall... |
The Education Service Contracting scheme of the government provides financial assistance for tuition and other school fees of students turned away from public high schools because of enrollment overflows. The Tuition Fee Supplement is geared to students enrolled in priority courses in post-secondary and non-degree prog... |
Some of the oldest schools in South Africa are private church schools that were established by missionaries in the early nineteenth century. The private sector has grown ever since. After the abolition of apartheid, the laws governing private education in South Africa changed significantly. The South African Schools Ac... |
In the final years of the apartheid era, parents at white government schools were given the option to convert to a "semi-private" form called Model C, and many of these schools changed their admissions policies to accept children of other races. Following the transition to democracy, the legal form of "Model C" was abo... |
In Sweden, pupils are free to choose a private school and the private school gets paid the same amount as municipal schools. Over 10% of Swedish pupils were enrolled in private schools in 2008. Sweden is internationally known for this innovative school voucher model that provides Swedish pupils with the opportunity to ... |
Private schools generally prefer to be called independent schools, because of their freedom to operate outside of government and local government control. Some of these are also known as public schools. Preparatory schools in the UK prepare pupils aged up to 13 years old to enter public schools. The name "public school... |
In many parts of the United States, after the 1954 decision in the landmark court case Brown v. Board of Education of Topeka that demanded United States schools desegregate "with all deliberate speed", local families organized a wave of private "Christian academies". In much of the U.S. South, many white students migra... |
Funding for private schools is generally provided through student tuition, endowments, scholarship/voucher funds, and donations and grants from religious organizations or private individuals. Government funding for religious schools is either subject to restrictions or possibly forbidden, according to the courts' inter... |
Private schooling in the United States has been debated by educators, lawmakers and parents, since the beginnings of compulsory education in Massachusetts in 1852. The Supreme Court precedent appears to favor educational choice, so long as states may set standards for educational accomplishment. Some of the most releva... |
As of 2012, quality private schools in the United States charged substantial tuition, close to $40,000 annually for day schools in New York City, and nearly $50,000 for boarding schools. However, tuition did not cover operating expenses, particularly at boarding schools. The leading schools such as the Groton School ha... |
Established originally by the Massachusetts legislature and soon thereafter named for John Harvard (its first benefactor), Harvard is the United States' oldest institution of higher learning, and the Harvard Corporation (formally, the President and Fellows of Harvard College) is its first chartered corporation. Althoug... |
Harvard is a large, highly residential research university. The nominal cost of attendance is high, but the University's large endowment allows it to offer generous financial aid packages. It operates several arts, cultural, and scientific museums, alongside the Harvard Library, which is the world's largest academic an... |
The University is organized into eleven separate academic units—ten faculties and the Radcliffe Institute for Advanced Study—with campuses throughout the Boston metropolitan area: its 209-acre (85 ha) main campus is centered on Harvard Yard in Cambridge, approximately 3 miles (5 km) northwest of Boston; the business sc... |
Harvard was formed in 1636 by vote of the Great and General Court of the Massachusetts Bay Colony. It was initially called "New College" or "the college at New Towne". In 1638, the college became home for North America's first known printing press, carried by the ship John of London. In 1639, the college was renamed Ha... |
In the early years the College trained many Puritan ministers.[citation needed] (A 1643 publication said the school's purpose was "to advance learning and perpetuate it to posterity, dreading to leave an illiterate ministry to the churches when our present ministers shall lie in the dust".) It offered a classic curricu... |
Throughout the 18th century, Enlightenment ideas of the power of reason and free will became widespread among Congregationalist ministers, putting those ministers and their congregations in tension with more traditionalist, Calvinist parties.:1–4 When the Hollis Professor of Divinity David Tappan died in 1803 and the p... |
In 1846, the natural history lectures of Louis Agassiz were acclaimed both in New York and on the campus at Harvard College. Agassiz's approach was distinctly idealist and posited Americans' "participation in the Divine Nature" and the possibility of understanding "intellectual existences". Agassiz's perspective on sci... |
Charles W. Eliot, president 1869–1909, eliminated the favored position of Christianity from the curriculum while opening it to student self-direction. While Eliot was the most crucial figure in the secularization of American higher education, he was motivated not by a desire to secularize education, but by Transcendent... |
James Bryant Conant (president, 1933–1953) reinvigorated creative scholarship to guarantee its preeminence among research institutions. He saw higher education as a vehicle of opportunity for the talented rather than an entitlement for the wealthy, so Conant devised programs to identify, recruit, and support talented y... |
Women remained segregated at Radcliffe, though more and more took Harvard classes. Nonetheless, Harvard's undergraduate population remained predominantly male, with about four men attending Harvard College for every woman studying at Radcliffe. Following the merger of Harvard and Radcliffe admissions in 1977, the propo... |
Harvard's 209-acre (85 ha) main campus is centered on Harvard Yard in Cambridge, about 3 miles (5 km) west-northwest of the State House in downtown Boston, and extends into the surrounding Harvard Square neighborhood. Harvard Yard itself contains the central administrative offices and main libraries of the university, ... |
The Harvard Business School and many of the university's athletics facilities, including Harvard Stadium, are located on a 358-acre (145 ha) campus opposite the Cambridge campus in Allston. The John W. Weeks Bridge is a pedestrian bridge over the Charles River connecting both campuses. The Harvard Medical School, Harva... |
Harvard has purchased tracts of land in Allston, a walk across the Charles River from Cambridge, with the intent of major expansion southward. The university now owns approximately fifty percent more land in Allston than in Cambridge. Proposals to connect the Cambridge campus with the new Allston campus include new and... |
Harvard's 2,400 professors, lecturers, and instructors instruct 7,200 undergraduates and 14,000 graduate students. The school color is crimson, which is also the name of the Harvard sports teams and the daily newspaper, The Harvard Crimson. The color was unofficially adopted (in preference to magenta) by an 1875 vote o... |
Harvard has the largest university endowment in the world. As of September 2011[update], it had nearly regained the loss suffered during the 2008 recession. It was worth $32 billion in 2011, up from $28 billion in September 2010 and $26 billion in 2009. It suffered about 30% loss in 2008-09. In December 2008, Harvard a... |
During the divestment from South Africa movement in the late 1980s, student activists erected a symbolic "shantytown" on Harvard Yard and blockaded a speech given by South African Vice Consul Duke Kent-Brown. The Harvard Management Company repeatedly refused to divest, stating that "operating expenses must not be subje... |
Undergraduate admission to Harvard is characterized by the Carnegie Foundation as "more selective, lower transfer-in". Harvard College accepted 5.3% of applicants for the class of 2019, a record low and the second lowest acceptance rate among all national universities. Harvard College ended its early admissions program... |
The four-year, full-time undergraduate program comprises a minority of enrollments at the university and emphasizes instruction with an "arts and sciences focus". Between 1978 and 2008, entering students were required to complete a core curriculum of seven classes outside of their concentration. Since 2008, undergradua... |
Harvard's academic programs operate on a semester calendar beginning in early September and ending in mid-May. Undergraduates typically take four half-courses per term and must maintain a four-course rate average to be considered full-time. In many concentrations, students can elect to pursue a basic program or an hono... |
For the 2012–13 school year annual tuition was $38,000, with a total cost of attendance of $57,000. Beginning 2007, families with incomes below $60,000 pay nothing for their children to attend, including room and board. Families with incomes between $60,000 to $80,000 pay only a few thousand dollars per year, and famil... |
The Harvard University Library System is centered in Widener Library in Harvard Yard and comprises nearly 80 individual libraries holding over 18 million volumes. According to the American Library Association, this makes it the largest academic library in the United States, and one of the largest in the world. Cabot Sc... |
Harvard operates several arts, cultural, and scientific museums. The Harvard Art Museums comprises three museums. The Arthur M. Sackler Museum includes collections of ancient, Asian, Islamic and later Indian art, the Busch-Reisinger Museum, formerly the Germanic Museum, covers central and northern European art, and the... |
Harvard has been highly ranked by many university rankings. In particular, it has consistently topped the Academic Ranking of World Universities (ARWU) since 2003, and the THE World Reputation Rankings since 2011, when the first time such league tables were published. When the QS and Times were published in partnership... |
The Harvard Crimson competes in 42 intercollegiate sports in the NCAA Division I Ivy League. Harvard has an intense athletic rivalry with Yale University culminating in The Game, although the Harvard–Yale Regatta predates the football game. This rivalry, though, is put aside every two years when the Harvard and Yale Tr... |
Harvard's athletic rivalry with Yale is intense in every sport in which they meet, coming to a climax each fall in the annual football meeting, which dates back to 1875 and is usually called simply "The Game". While Harvard's football team is no longer one of the country's best as it often was a century ago during foot... |
Harvard has several athletic facilities, such as the Lavietes Pavilion, a multi-purpose arena and home to the Harvard basketball teams. The Malkin Athletic Center, known as the "MAC", serves both as the university's primary recreation facility and as a satellite location for several varsity sports. The five-story build... |
Older than The Game by 23 years, the Harvard-Yale Regatta was the original source of the athletic rivalry between the two schools. It is held annually in June on the Thames River in eastern Connecticut. The Harvard crew is typically considered to be one of the top teams in the country in rowing. Today, Harvard fields t... |
Politics: U.N. Secretary General Ban Ki-moon; American political leaders John Hancock, John Adams, John Quincy Adams, Rutherford B. Hayes, Theodore Roosevelt, Franklin D. Roosevelt, John F. Kennedy, Al Gore, George W. Bush and Barack Obama; Chilean President Sebastián Piñera; Colombian President Juan Manuel Santos; Cos... |
Other: Civil rights leader W. E. B. Du Bois; philosopher Henry David Thoreau; authors Ralph Waldo Emerson and William S. Burroughs; educators Werner Baer, Harlan Hanson; poets Wallace Stevens, T. S. Eliot and E. E. Cummings; conductor Leonard Bernstein; cellist Yo Yo Ma; pianist and composer Charlie Albright; composer ... |
Harvard's faculty includes scholars such as biologist E. O. Wilson, cognitive scientist Steven Pinker, physicists Lisa Randall and Roy Glauber, chemists Elias Corey, Dudley R. Herschbach and George M. Whitesides, computer scientists Michael O. Rabin and Leslie Valiant, Shakespeare scholar Stephen Greenblatt, writer Lou... |
Jacksonville is the largest city by population in the U.S. state of Florida, and the largest city by area in the contiguous United States. It is the county seat of Duval County, with which the city government consolidated in 1968. Consolidation gave Jacksonville its great size and placed most of its metropolitan popula... |
Jacksonville is in the First Coast region of northeast Florida and is centered on the banks of the St. Johns River, about 25 miles (40 km) south of the Georgia state line and about 340 miles (550 km) north of Miami. The Jacksonville Beaches communities are along the adjacent Atlantic coast. The area was originally inha... |
Harbor improvements since the late 19th century have made Jacksonville a major military and civilian deep-water port. Its riverine location facilitates two United States Navy bases and the Port of Jacksonville, Florida's third largest seaport. The two US Navy bases, Blount Island Command and the nearby Naval Submarine ... |
The area of the modern city of Jacksonville has been inhabited for thousands of years. On Black Hammock Island in the national Timucuan Ecological and Historic Preserve, a University of North Florida team discovered some of the oldest remnants of pottery in the United States, dating to 2500 BC. In the 16th century, the... |
French Huguenot explorer Jean Ribault charted the St. Johns River in 1562 calling it the River of May because he discovered it in May. Ribault erected a stone column near present-day Jacksonville claiming the newly discovered land for France. In 1564, René Goulaine de Laudonnière established the first European settleme... |
Spain ceded Florida to the British in 1763 after the French and Indian War, and the British soon constructed the King's Road connecting St. Augustine to Georgia. The road crossed the St. Johns River at a narrow point, which the Seminole called Wacca Pilatka and the British called the Cow Ford or Cowford; these names os... |
During the American Civil War, Jacksonville was a key supply point for hogs and cattle being shipped from Florida to aid the Confederate cause. The city was blockaded by Union forces, who gained control of the nearby Fort Clinch. Though no battles were fought in Jacksonville proper, the city changed hands several times... |
During Reconstruction and the Gilded Age, Jacksonville and nearby St. Augustine became popular winter resorts for the rich and famous. Visitors arrived by steamboat and later by railroad. President Grover Cleveland attended the Sub-Tropical Exposition in the city on February 22, 1888 during his trip to Florida. This hi... |
On May 3, 1901, downtown Jacksonville was ravaged by a fire that started as a kitchen fire. Spanish moss at a nearby mattress factory was quickly engulfed in flames and enabling the fire to spread rapidly. In just eight hours, it swept through 146 city blocks, destroyed over 2,000 buildings, left about 10,000 homeless ... |
In the 1910s, New York–based filmmakers were attracted to Jacksonville's warm climate, exotic locations, excellent rail access, and cheap labor. Over the course of the decade, more than 30 silent film studios were established, earning Jacksonville the title of "Winter Film Capital of the World". However, the emergence ... |
Jacksonville, like most large cities in the United States, suffered from negative effects of rapid urban sprawl after World War II. The construction of highways led residents to move to newer housing in the suburbs. After World War II, the government of the city of Jacksonville began to increase spending to fund new pu... |
Much of the city's tax base dissipated, leading to problems with funding education, sanitation, and traffic control within the city limits. In addition, residents in unincorporated suburbs had difficulty obtaining municipal services, such as sewage and building code enforcement. In 1958, a study recommended that the ci... |
In the mid-1960s, corruption scandals began to arise among many of the city's officials, who were mainly elected through the traditional old boy network. After a grand jury was convened to investigate, 11 officials were indicted and more were forced to resign. Jacksonville Consolidation, led by J. J. Daniel and Claude ... |
When a consolidation referendum was held in 1967, voters approved the plan. On October 1, 1968, the governments merged to create the Consolidated City of Jacksonville. Fire, police, health & welfare, recreation, public works, and housing & urban development were all combined under the new government. In honor of the oc... |
According to the United States Census Bureau, the city has a total area of 874.3 square miles (2,264 km2), making Jacksonville the largest city in land area in the contiguous United States; of this, 86.66% (757.7 sq mi or 1,962 km2) is land and ; 13.34% (116.7 sq mi or 302 km2) is water. Jacksonville surrounds the town... |
The tallest building in Downtown Jacksonville's skyline is the Bank of America Tower, constructed in 1990 as the Barnett Center. It has a height of 617 ft (188 m) and includes 42 floors. Other notable structures include the 37-story Wells Fargo Center (with its distinctive flared base making it the defining building in... |
Like much of the south Atlantic region of the United States, Jacksonville has a humid subtropical climate (Köppen Cfa), with mild weather during winters and hot and humid weather during summers. Seasonal rainfall is concentrated in the warmest months from May through September, while the driest months are from November... |
Mean monthly temperatures range from around 53 F in January to 82 F in July. High temperatures average 64 to 92 °F (18 to 33 °C) throughout the year. High heat indices are common for the summer months in the area, with indices above 110 °F (43.3 °C) possible. The highest temperature recorded was 104 °F (40 °C) on July ... |
Jacksonville has suffered less damage from hurricanes than most other east coast cities, although the threat does exist for a direct hit by a major hurricane. The city has only received one direct hit from a hurricane since 1871; however, Jacksonville has experienced hurricane or near-hurricane conditions more than a d... |
Jacksonville is the most populous city in Florida, and the twelfth most populous city in the United States. As of 2010[update], there were 821,784 people and 366,273 households in the city. Jacksonville has the country's tenth-largest Arab population, with a total population of 5,751 according to the 2000 United States... |
As of 2010[update], there were 366,273 households out of which 11.8% were vacant. 23.9% of households had children under the age of 18 living with them, 43.8% were married couples, 15.2% had a female householder with no husband present, and 36.4% were non-families. 29.7% of all households were made up of individuals an... |
A study by the World Institute for Development Economics Research at United Nations University reports that the richest 1% of adults alone owned 40% of global assets in the year 2000. The three richest people in the world possess more financial assets than the lowest 48 nations combined. The combined wealth of the "10 ... |
According to PolitiFact the top 400 richest Americans "have more wealth than half of all Americans combined." According to the New York Times on July 22, 2014, the "richest 1 percent in the United States now own more wealth than the bottom 90 percent". Inherited wealth may help explain why many Americans who have becom... |
Neoclassical economics views inequalities in the distribution of income as arising from differences in value added by labor, capital and land. Within labor income distribution is due to differences in value added by different classifications of workers. In this perspective, wages and profits are determined by the margi... |
In Marxian analysis, capitalist firms increasingly substitute capital equipment for labor inputs (workers) under competitive pressure to reduce costs and maximize profits. Over the long-term, this trend increases the organic composition of capital, meaning that less workers are required in proportion to capital inputs,... |
In a purely capitalist mode of production (i.e. where professional and labor organizations cannot limit the number of workers) the workers wages will not be controlled by these organizations, or by the employer, but rather by the market. Wages work in the same way as prices for any other good. Thus, wages can be consid... |
A job where there are many workers willing to work a large amount of time (high supply) competing for a job that few require (low demand) will result in a low wage for that job. This is because competition between workers drives down the wage. An example of this would be jobs such as dish-washing or customer service. C... |
On the other hand, higher economic inequality tends to increase entrepreneurship rates at the individual level (self-employment). However, most of it is often based on necessity rather than opportunity. Necessity-based entrepreneurship is motivated by survival needs such as income for food and shelter ("push" motivatio... |
Another cause is the rate at which income is taxed coupled with the progressivity of the tax system. A progressive tax is a tax by which the tax rate increases as the taxable base amount increases. In a progressive tax system, the level of the top tax rate will often have a direct impact on the level of inequality with... |
An important factor in the creation of inequality is variation in individuals' access to education. Education, especially in an area where there is a high demand for workers, creates high wages for those with this education, however, increases in education first increase and then decrease growth as well as income inequ... |
In 2014, economists with the Standard & Poor's rating agency concluded that the widening disparity between the U.S.'s wealthiest citizens and the rest of the nation had slowed its recovery from the 2008-2009 recession and made it more prone to boom-and-bust cycles. To partially remedy the wealth gap and the resulting s... |
During the mass high school education movement from 1910–1940, there was an increase in skilled workers, which led to a decrease in the price of skilled labor. High school education during the period was designed to equip students with necessary skill sets to be able to perform at work. In fact, it differs from the pre... |
John Schmitt and Ben Zipperer (2006) of the CEPR point to economic liberalism and the reduction of business regulation along with the decline of union membership as one of the causes of economic inequality. In an analysis of the effects of intensive Anglo-American liberal policies in comparison to continental European ... |
Sociologist Jake Rosenfield of the University of Washington asserts that the decline of organized labor in the United States has played a more significant role in expanding the income gap than technological changes and globalization, which were also experienced by other industrialized nations that didn't experience ste... |
Trade liberalization may shift economic inequality from a global to a domestic scale. When rich countries trade with poor countries, the low-skilled workers in the rich countries may see reduced wages as a result of the competition, while low-skilled workers in the poor countries may see increased wages. Trade economis... |
In many countries, there is a Gender pay gap in favor of males in the labor market. Several factors other than discrimination may contribute to this gap. On average, women are more likely than men to consider factors other than pay when looking for work, and may be less willing to travel or relocate. Thomas Sowell, in ... |
Economist Simon Kuznets argued that levels of economic inequality are in large part the result of stages of development. According to Kuznets, countries with low levels of development have relatively equal distributions of wealth. As a country develops, it acquires more capital, which leads to the owners of this capita... |
Plotting the relationship between level of income and inequality, Kuznets saw middle-income developing economies level of inequality bulging out to form what is now known as the Kuznets curve. Kuznets demonstrated this relationship using cross-sectional data. However, more recent testing of this theory with superior pa... |
Wealth concentration is a theoretical[according to whom?] process by which, under certain conditions, newly created wealth concentrates in the possession of already-wealthy individuals or entities. According to this theory, those who already hold wealth have the means to invest in new sources of creating wealth or to o... |
Economist Joseph Stiglitz argues that rather than explaining concentrations of wealth and income, market forces should serve as a brake on such concentration, which may better be explained by the non-market force known as "rent-seeking". While the market will bid up compensation for rare and desired skills to reward we... |
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 consumptio... |
2013 Economics Nobel prize winner Robert J. Shiller said that rising inequality in the United States and elsewhere is the most important problem. Increasing inequality harms economic growth. High and persistent unemployment, in which inequality increases, has a negative effect on subsequent long-run economic growth. Un... |
British researchers Richard G. Wilkinson and Kate Pickett have found higher rates of health and social problems (obesity, mental illness, homicides, teenage births, incarceration, child conflict, drug use), and lower rates of social goods (life expectancy by country, educational performance, trust among strangers, wome... |
For most of human history higher material living standards – full stomachs, access to clean water and warmth from fuel – led to better health and longer lives. This pattern of higher incomes-longer lives still holds among poorer countries, where life expectancy increases rapidly as per capita income increases, but in r... |
In recent years the characteristic that has strongly correlated with health in developed countries is income inequality. Creating an index of "Health and Social Problems" from nine factors, authors Richard Wilkinson and Kate Pickett found health and social problems "more common in countries with bigger income inequalit... |
Crime rate has also been shown to be correlated with inequality in society. Most studies looking into the relationship have concentrated on homicides – since homicides are almost identically defined across all nations and jurisdictions. There have been over fifty studies showing tendencies for violence to be more commo... |
Following the utilitarian principle of seeking the greatest good for the greatest number – economic inequality is problematic. A house that provides less utility to a millionaire as a summer home than it would to a homeless family of five, is an example of reduced "distributive efficiency" within society, that decrease... |
Conservative researchers have argued that income inequality is not significant because consumption, rather than income should be the measure of inequality, and inequality of consumption is less extreme than inequality of income in the US. Will Wilkinson of the libertarian Cato Institute states that "the weight of the e... |
Central Banking economist Raghuram Rajan argues that "systematic economic inequalities, within the United States and around the world, have created deep financial 'fault lines' that have made [financial] crises more likely to happen than in the past" – the Financial crisis of 2007–08 being the most recent example. To c... |
According to International Monetary Fund economists, inequality in wealth and income is negatively correlated with the duration of economic growth spells (not the rate of growth). High levels of inequality prevent not just economic prosperity, but also the quality of a country's institutions and high levels of educatio... |
According to economists David Castells-Quintana and Vicente Royuela, increasing inequality harms economic growth. High and persistent unemployment, in which inequality increases, has a negative effect on subsequent long-run economic growth. Unemployment can harm growth not only because it is a waste of resources, but a... |
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