Topic > Importance of research - 540

According to the Scottish economist Adam Smith, “The disposition to admire, and almost to venerate, the rich and powerful, and to despise, or, at least, to neglect the persons of the poor and powerful The mean condition is the great and most universal cause of the corruption of our moral feelings." In recent times, the gap between social classes is growing every day. Income inequality is on the rise, leading to changes and modifications within our society and our future as a nation. Consequently, what are the causes of social inequality in our nation? Maybe changes in technologies and advancements, job market, permanent marriages, globalization, or maybe our society is becoming more and more greedy with the passage of time. Therefore, I believe that this research, “Economic Elites, Investment, and Income Inequality,” by Michael Nau, is important because it is intended to inform both the middle and lower classes about the truth about how higher incomes are creating social inequality through the means of investment and communicates the message that a definitive change in income inequality has emerged from investments.One ...