These superstars get everywhere, and there is nothing to stop them

Article Abstract:

Growing income inequality is present both between high-skill and low-skill employees and within different professions where skill levels have to be similar. Many economists use the 'superstar' hypothesis to explain this trend. This hypothesis states that individuals who are only slightly more talented than others can attract much larger salaries. Very small differences in skill and performance are magnified into large differences in income. Income inequality will probably only be overcome in the long term by boosting the productivity of the whole population through education and training.

Income Distribution

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How a weighty issue has changed the world economy

Article Abstract:

It is important to recognize that the world's advanced industrial economies are growing larger without becoming heavier. This shift towards weightlessness is more significant than globalization, which has received much more attention. Accepting the concept of weightlessness means that a completely new approach is required to the policies needed to deal with the economic inequalities that are emerging. Increasing weightlessness is making issues such as the inequality of access to education and the unfair ownership of communications into urgent political issues.

Economic development

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The wage gap leaves women in part-time ghettos

Article Abstract:

Pay inequalities between men and women in the UK have been significantly reduced over recent years, but have not been completely eliminated. Furthermore, there are signs of a polarisation of the labour market between highly paid and highly skilled full time employment and low skilled, low paid part time employment. There is a clear trend towards the casualisation of labour, and in many cases very low wages are being paid.

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