Effects of Inequality
Among the 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 consumption.
Read more about this topic: Economic Inequality
Famous quotes containing the words effects of, effects and/or inequality:
“Oh that my Pow’r to Saving were confin’d:
Why am I forc’d, like Heav’n, against my mind,
To make Examples of another Kind?
Must I at length the Sword of Justice draw?
Oh curst Effects of necessary Law!
How ill my Fear they by my Mercy scan,
Beware the Fury of a Patient Man.”
—John Dryden (1631–1700)
“Corporate America will likely be motivated to support child care when it can be shown to have positive effects on that which management is concerned about—recruitment, retention and productivity. Indeed, employers relate to child care as a way to provide growth fostering environments for young managers.”
—Dana E. Friedman (20th century)
“Love is a great thing. It is not by chance that in all times and practically among all cultured peoples love in the general sense and the love of a man for his wife are both called love. If love is often cruel or destructive, the reasons lie not in love itself, but in the inequality between people.”
—Anton Pavlovich Chekhov (1860–1904)