Attention Economy


Monday, March 7, 2016

Canada’s Tries to Moderate Rising Inequality

An interesting piece from Bloomberg View:
“Despite its image as a North American outpost of Scandinavian social values, the country has experienced a divergence in high and middle incomes similar to the U.S.'s, if not quite as severe. Unlike the U.S., Canada has already done the obvious things to remedy that: Its residents enjoy universal health care, reasonably generous social programs, paid family leave, a relatively high minimum wage, and college tuition that averages less than $5,000 a year. Yet that hasn't been enough to reverse the trend (interrupted by the recession) toward ever-greater inequality. So the lingering question for progressives in both countries is this: What more is there to do?”