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.