Bases for Persistent Income Discrepancies

Abstract: A 7 page paper discussing possible reasons for the wide discrepancy of income levels in the US. Though there are many factors, much of the issue involves risk. As in the stock market, the higher the risk of a venture, the higher the return. Factory workers and teachers, notoriously low-paid, typically have assumed very little risk in their professions, while a pro sport star could suffer a career-ending injury at any time. There is no question that income levels in the US are absurdly skewed, but it also is fitting that those with the most to lose also see the greatest rewards. Bibliography lists 10 sources.

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Catagory:

Subcatagory: Labor Studies

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