Rising US Inequality: How We Got Here, Where We’re Going

Oyer, a professor at Stanford Graduate School of Business, teaches a course to MBAs focused on causes and complications of U.S. inequality. There are a lot of good policies that we’ve implemented over the years, like free trade and immigration, that have been efficient and grown the economy but have contributed to inequality. Mendonca: The consequences of dramatic inequality led to people turning either to authoritarian leaders who promise a return to the past, or to alternative economic constructs like socialism, neither of which are very good for capitalism.

Source: www.gsb.stanford.edu