Inequality is no accident

ANOTHER VIEW

How unequal is our economy? How does our gap between rich and poor compare to EU and OECD counterparts? Are we following the global trend towards higher income inequality?

If you listened to some mainstream economic commentators the answer would be; not very; about average; and definitely not.

They would have us believe that income inequality is not a policy matter of great concern. They claim that we are in line with averages in peer countries and there is no trend towards higher income inequality over the decades.

Thankfully this kind of bunkum has been robustly challenged in an important new report by the think tank TASC published this week.

Cherishing All Equally, Economic Inequality in Ireland is a landmark report bringing together the latest Irish, EU and OECD date on income, wealth and public service inequality.

Its 125 pages make for grim reading. It confirms what many of us…

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