The rhetoric emerging from the United States in recent years would have you believe that inequality is spinning out of control. But do the numbers back up the claim that the federal government needs to intervene to level the playing field?
In the latest issue of Inside Policy, the magazine of the Macdonald-Laurier Institute, Carleton University Sprott School of Business professors Ian Lee and Vijay Jog argue that isn’t necessary.
Lee and Jog’s analysis of incomes shows that Canadians’ earnings have spiked significantly in recent years, making it the country with the largest middle-class income in the world.