Super rich benefit from 'status quo bias'

Tuesday, December 24, 2013 - 08:30 in Mathematics & Economics

(Phys.org) —Income inequality – between the super-rich and the rest of us – and a sorry record of progressive policy initiatives from Congress all can be traced to a built-in "status quo bias" in our political system, according to Cornell's Peter K. Enns and colleagues at three universities.

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