G11 - Week 21 - Day 3

In-class work

1. Equity in the distribution of income
1. What do you deserve?
1. Why should you be at Stamford instead of a child in Cambodia?
2. Why should your parents make more income than someone else?
3. Why should they get to keep the income?
4. Explain why in the comments.
2. Different Tax Systems' Effects on Income Distribution (part 1)
3. Different Tax Systems' Effects on Income Distribution (part 2)
1. Exercise 7 (p. 360)
2. Exercise 8-11 (p. 362 HL Only)

Ongoing Country Information

1. Figure out unemployment rates
2. Labor participation rates
3. Causes of the above?
4. What are the inflation rates?
5. What's the economic growth been?
6. What's the level of inequality?
1. With the Gini index?
2. With the 20/20 ratio?

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Currently Reading

Blog - Extreme Inequality Is Not Driven by Merit, but by Rent-Seeking and Luck

Book - The Rise and Fall of American Growth

G11 - Week 21 - Day 2

In-class work

1. Equity in the distribution of income
1. Quantifying Income Inequality part 1 - The Gini Coefficient (Index)
2. Quantifying Income Inequality part 2 - the 20/20 Ratio
1. Exercises 1-3 (p. 350)
3. Different Tax Systems' Effects on Income Distribution (part 1)
4. Different Tax Systems' Effects on Income Distribution (part 2)
1. Exercise 7 (p. 360)
2. Exercise 8-11 (p. 362 HL Only)

Ongoing Country Information

1. Figure out unemployment rates
2. Labor participation rates
3. Causes of the above?
4. What are the inflation rates?
5. What's the economic growth been?
6. What's the level of inequality?
1. With the Gini index?
2. With the 20/20 ratio?

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Currently Reading

Blog - Yes. Concentrated Wealth and Inequality Crushes Economic Growth

Book - The Rise and Fall of American Growth

G11 - Week 21 - Day 1

In-class work

1. Marginal University Economic Growth
1. The Idea Equation
2. Economic Growth in the Short-run and Long-run
1. Exercises 4-11 (p. 338-340 HL Only)
3. Equity in the distribution of income
1. The Lorenz Curve and Income Distribution
2.  Quantifying Income Inequality part 1 - The Gini Coefficient (Index)
3.  Quantifying Income Inequality part 2 - the 20/20 Ratio
1. Exercises 1-3 (p. 350)
4.  Different Tax Systems' Effects on Income Distribution (part 1)
5. Different Tax Systems' Effects on Income Distribution (part 2)
1. Exercise 7 (p. 360)
2. Exercise 8-11 (p. 362 HL Only)

Ongoing Country Information

1. Figure out unemployment rates
2. Labor participation rates
3. Causes of the above?
4. What are the inflation rates?

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Currently Reading

Blog - Poverty is a far bigger problem than inequality, by Scott Sumner

Book - The Rise and Fall of American Growth