Search results

Increased spending on education decreases absolute inequality by making inequality a function of talent and hard work instead of a function of parents' income, talent, and hard work. do you guys think inequality can be reduced by education? and also is that possible for everyone in the world...

does this happen in US too?

Over current years the household sector in Australia has become net borrower which is consumption exceeding income, in this condition makes low savings for Australian households. This effect does not mean that there are not some high savers in Australia, but rather their surpluses are...