Economic Inequality and the New School of American Economics

@article{Leccese2017EconomicIA,
  title={Economic Inequality and the New School of American Economics},
  author={Stephen Leccese},
  journal={Religion},
  year={2017},
  volume={8},
  pages={99}
}
This essay analyzes economic inequality in the Gilded Age, roughly from 1865 to 1900. It focuses specifically on a group of economists who identified working-class consumption as an economic stimulus, and accordingly advocated an increase in wages to bring this about. It is structured in three sections: first, it demonstrates how industrialization in the late-nineteenth century sparked social tensions, convincing observers that there was a crisis of inequality; second, it explains how these… Expand
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