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That's an extreme, but it's certainly common economic knowledge that income inequality -- in rich nations -- tends to promote economic growth. Of course, commo
by noaharc 17y ago
That's an extreme, but it's certainly common economic knowledge that income inequality -- in rich nations -- tends to promote economic growth. Of course, common knowledge is sometimes wrong, but I think it takes more than one article to disprove it.
One example of such common knowledge: http://www.springerlink.com/content/w26530m1x3163184/ http://www.springerlink.com/content/w26530m1x3163184/
- jackowayed 17y agoWell, this article isn't even refuting the "common knowledge." Economic growth != health and crime rate.