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Inequality Matters

Inequality Matters Prudence L. Carter and Sean F. Reardon Stanford University A William T. Grant Foundation Inequality Paper September, 2014. Direct correspondence to and An earlier version of this paper was prepared for the Ford Foundation's Building Knowledge for Social Justice Project. We thank Lauren Fox, Joe Luesse, Anna Comerford, and Ericka Weathers for their very helpful research assistance on this project; Amy Stuart Wells and Jeanne Oakes for their support and facilitation of the initial project that launched this paper; and the members of the Ford Foundation Transformative Research Working Group David Berliner, Evelyn Brooks Higgenbotham, Patricia Gandara, Kris Gutierrez, Linda Darling-Hammond, Mark Sawyer, Valerie Smith, and Hiro Yoshikawa for their critical insights and views on the state of Inequality research. Overview Talk of Inequality , particularly economic Inequality , discipline including sociology, economics, political in the public sphere is commonplace in twenty-first science, psychology, anthropology, history, philosophy, century America.

U.S. households hold 89 percent of the country’s wealth (and 95 percent of the nation’s non-home wealth) (Wolff 2013). Research on income inequality in the United States clearly demonstrates a dramatic increase in the gap between the most affluent and the rest of the population since the late 1970s. It appears this increase is due mostly

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