A Critique of the Transatlantic Consensus on Rising Income Inequality

Article Abstract:

Transatlantic Consensus is the name of a theory, i.e., that increased income inequality in the United States and high unemployment in Continental Europe are due to a shift of demand away from unskilled workers towards skilled workers. The author explains how this single cause has different effects on opposite sides of the Atlantic.

United Kingdom, Statistical Data Included, International Monetary Fund, Influence, Unemployment, Organization for Economic Cooperation and Development, Income

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Towards a theory of current accounts

Article Abstract:

The author compares and contrast the economics of international cash flow of different countries. Topics include economic methods, international trade, and economic research.

Economic research, Cash flow, Economic methods

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Competitive versus comparative advantage

Article Abstract:

The author examines the use of competitive economic advantages in international trade. Topics include global economy, trade policies, and international competition.

Competition (Economics), International aspects, Trade policy, Commercial policy, Global economy

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