Tag: the saez-krugman hypothesis
Quizzes Related to the saez-krugman hypothesis
The Saez-Krugman Hypothesis
The Saez-Krugman Hypothesis is a theory in economics that states that the top 1% of earners in a society will capture a larger share of total income as inequality increases. This hypothesis is based on the idea that the wealthy have a disproportionate amount of power and influence, which they use to extract more income from the rest of society.
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