INCOME DISTRIBUTION

Please watch the following video and check out the charts below.

This is not a discussion on welfare, but rather a conversation about how to resolve the trends in wealth gaps in the United States. You learned, in chapter 5, how raising the minimum wage skews the market. Should we follow Frederick Hayek's approach in letting the economy run itself or do we follow John Maynard Keynes' approach in believing the government needs to find ways to intervene and attempt to resolve the significant income disparities?Please offer your own and researched insights.And please always be respectful.

https://www.youtube.com/watch?v=-ptHavHrDuE