This article shows that IT has emerged as an important new industry, but it doesn't really convince me that it is the primary cause of inequality. One of my fa

This article shows that IT has emerged as an important new industry, but it doesn't really convince me that it is the primary cause of inequality. One of my favorite surveys of income inequality is a Krugman essay from 15 years ago (before he went full political). http://www.pkarchive.org/economy/ForRicher.html http://www.pkarchive.org/economy/ForRicher.html He briefly covers globalization, technology, and returns to scale for celebrities, but ultimately argues that changing social norms and the resulting drop in taxes from 1980 onward explains most of the dramatic rise in income inequality.