Inequality Quote by Robert J. Gordon
““Inequality can be alleviated and productivity growth promoted by combating overly zealous and regressive regulations””
About This Quote
Source Paper: Economic Policy Review, 2022
Reducing overly strict or regressive regulations can ease inequality and boost productivity growth.
In simple terms: Less harsh regulations can reduce inequality and raise productivity.
Reform regulations to foster equity and growth.
Themes
Mood
Type
When to use this quote
- government policy
- business strategy
- public debate
Key Concepts
Questions to Reflect On
- Which regulations hinder growth?
- How to balance regulation and freedom?
Regulation removal may cause market failures.