Of course, it is important to make empirical studies – and though we know well about the fundamentals already, I surely am not arguing against further empirical research and the need of it. And an important topic is surely that brought forward by a Eurofound-study, published under the title
Being full of expectations, I read in the key findings of the executive summary:
After 2008, EU-level income inequality grew for two reasons: firstly, the process of income convergence stalled, with income levels being more negatively affected in some peripheral countries than in the core EU Member States generally; and secondly, there was an expansion of income inequalities within countries in most sources of income.
Doesn’t it read a bit like: Inequality increased because different people avail of a different amount of resources? Another wording probably would allow a deeper insight into cause and effect.
COMMEDIA DELLA VITA OR PÁNTA RÊI'S FIRM GROUND 