Edward lazear of stanford university

Reference no: EM131023587

In an article in the Wall Street Journal, Edward Lazear of Stanford University was quoted as saying: "There is some good news.... Most of the inequality reflects an increase in returns to ‘investing in skills.' " Why would it be good news if it were true that most of the income inequality in the United States reflected an increase to returns in investing in skills?

Reference no: EM131023587

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