Justice
The Inequality Puzzle in U.S. Cities
Inequality in American cities turns on more than wages and skills: poverty and race are key indicators.
What lies behind the inequality of American cities? The conventional explanation blames the rise of the globalized, knowledge economy which has eliminated family-supporting factory jobs and cleaved the workforce into high-paying, high-skill and low-paying, low-skill jobs. But, as I wrote in my previous post, wage inequality only explains a very small part of income inequality.
How to explain this apparent discrepancy? What other factors lie behind rising inequality across America's cities?