Tuesday, February 16, 2010
Britain no longer a welfare state
This article discusses how Great Britain has moved away from being a welfare state (like our European models in class) and now resembles more Anglo-Saxon economies. As predicted, their more flexible labor markets have led to higher inequality as indicated by their Gini coefficient.
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1 comment:
It is interesting to see such income inequality in countries that stress equality. It will be more interesting to see whether anti-Anglo-Saxon model sentiment start to grow if these inequalities continue.
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