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Listen "Kuznets Curve"
Episode Synopsis
today we’re looking at a concept that’s as provocative as it is controversial — a theory that asks: Does inequality get worse before it gets better?
It’s called the Kuznets Curve, and it’s been central to debates about growth, fairness, and whether rising prosperity naturally leads to a more equal society.
Let’s get smarter.
What Is the Kuznets Curve?
The Kuznets Curve is a graphical hypothesis that suggests there’s a predictable relationship between a country’s level of economic development and its level of income inequality.
The shape of the curve is an inverted U:
At the early stages of development, inequality rises.
At later stages, inequality falls.
It’s called the Kuznets Curve, and it’s been central to debates about growth, fairness, and whether rising prosperity naturally leads to a more equal society.
Let’s get smarter.
What Is the Kuznets Curve?
The Kuznets Curve is a graphical hypothesis that suggests there’s a predictable relationship between a country’s level of economic development and its level of income inequality.
The shape of the curve is an inverted U:
At the early stages of development, inequality rises.
At later stages, inequality falls.
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