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James K. Galbraith, economist, LBJ School of Public Affairs,
University of Texas is national chairman of the Economists' Committee
for a Decent Minimum Wage, a research associate at the Economic
Policy Institute, consults on macroeconomic reform in China and
writes a column on economic and political issues for the Texas
Observer.
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Economic Inequality in the
Nation and the World
November 3-7, 1999
at the University of Oklahoma
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Economic inequality is usually thought of as a topic in microeconomics:
as a matter of supply-and-demand, influenced by labor market
structures and technological change. This seminar will explore
inequality in a different way, as a macroeconomic topic, influenced
by national policies and economic performance.
The seminar
1. presented new ways to measure the evolution of inequality
through time, particularly in the manufacturing sector, both
within the United States and in other countries of the world,
and examine what we can learn from this new evidence.
2. discussed the relationship between inequality, growth, unemployment,
inflation and interest rates.
3. presented an analysis of the relationship between economic
globalization and inequality, and
4. ended with a discussion of the relationship between equality,
civil society and the process of economic development.
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The Class Reading List: (These books and articles supplied
by OSLEP)
Students prepared for this seminar withGalbraith's book,
Created Unequal: The Crisis in American Pay
, (The Free Press: 1998) and by examining the working papers
that can be downloaded from http://utip.gov.utexas.edu.
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