In America, inequality begins in the womb (John Komlos)

Posted: 2015/05/24 by Punkonomics (@dearbalak) in Links/Articles/Video

via In America, inequality begins in the womb.

BY JOHN KOMLOS  May 20, 2015 at 4:22 PM EDT

The have-nots and the haves: In the U.S., the zip code you were born in, for example Harlem (10027) or the Upper East Side (10021), has a huge influence on your future income. Photos by Eduardo Munoz/Reuters

Editor’s note: In his last column for Making Sen$e, economist John Komlos laid out his argument for how income inequality begins at birth. In his latest piece, he broadens his explanation to include even more factors that determine a child’s future, like his mother’s zip code.

Komlos is the author of “What Every Economics Student Needs to Know and Doesn’t Get in the Usual Principles Text.”

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