Learning Objectives

After reading this chapter, you should be able to

17.1 Discuss the income distribution in the United States.

17.2 Discuss the case for redistribution on the grounds of fairness and for efficiency and productivity.

17.3 Discuss the different types of discrimination and whether or not differences in earnings reflect discrimination or differences in productivity.

17.4 Define poverty and discuss remedies to address poverty.

17.5 Discuss and explain health care and rising costs and explain the economic effects of a national health insurance program.