Tuesday, September 20, 2016

Redistribution of Wealth

While approaching the field of economics from different perspectives, there are a few things supply-side economists and demand-side economists agree on.  For example, they both agree for the most part, growth is a good thing.  They both agree high levels of unemployment is a bad thing, and they both agree excessive inflation is to be avoided.  They also agree there has to be some measure of wealth distribution.  However, one must add parenthetically, they differ as to the direction this distribution should take.

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