Income Inequality, Cause and Cure

@article{Kausik2022IncomeIC,
  title={Income Inequality, Cause and Cure},
  author={B. N. Kausik},
  journal={Challenge},
  year={2022}
}
Over the past forty years, real median household income in the US has been essentially flat despite growth in productivity as reflected in real median household GDP. There is growing agreement amongst economists that Artificial Intelligence automation allocates a growing share of job tasks towards capital and away from labor. The rewards of automation accrue to capital, and are reflected in the growth of the stock market with several companies now valued in the trillions. Noting that household… 

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