Emeritus Prof Christopher May on Nostr: Inequality is a problem in the UK; but how much does it actually cost us in lost ...
Inequality is a problem in the UK; but how much does it actually cost us in lost economic activity?
The Equality Trust has tryied to figure that out & suggests that relative to other members of the OECD, the costs to the UK of its higher level of inequity could be over £100bn a year.
Have a look at how they've calculated that figure (which they think is likely an under-estimate) & then wonder why the UK's political class is relaxed about such costs?
#inequality
https://media.equality-trust.out.re/uploads/2023/11/ReportCostofInequality-1.pdf
The Equality Trust has tryied to figure that out & suggests that relative to other members of the OECD, the costs to the UK of its higher level of inequity could be over £100bn a year.
Have a look at how they've calculated that figure (which they think is likely an under-estimate) & then wonder why the UK's political class is relaxed about such costs?
#inequality
https://media.equality-trust.out.re/uploads/2023/11/ReportCostofInequality-1.pdf