Inequality 1: Simple Wage Model v1.1
This series of Insights have been developed to understand how income and wealth inequalities arise over time.
This first Insight is a very simple model of a single household and shows how accumulated or inherited wealth can create inequality. The next model adds borrowing and explores how debt can impact inequality.
This first Insight is a very simple model of a single household and shows how accumulated or inherited wealth can create inequality. The next model adds borrowing and explores how debt can impact inequality.