Annotated Bibliography: Income Inequality and Discrimination

QUESTION

The Annotated Bibliography should include no fewer than 5 sources (but not your text). You should find a minimum 3 sources.

Remember that this is different from a traditional bibliography. First, list the reference in APA format just as you would on a reference page. However, directly below the reference, provide an annotation in three parts:

1. A 2-3 sentence summary of the reference;
2. A brief assessment or evaluation of the source (why it’s reliable, how it compares with others, and so on); and
3. A 1-2 sentence reflection on the source (how it will help your project).

ANSWER

Annotated Bibliography

Income Inequality and Discrimination

Thesis Statement: The income inequality and discrimination problem in the United States is as a result of the government’s level of investment in the development of human capital being low. The best solution to the problem is increasing this investment in order to improve the competence and skills of citizens and to enable them to enjoy a level playing field in the employment scene.

Braun, D. D. (1997). The rich get richer: The rise of income inequality in the United States and the world. Wadsworth Publishing Company.

This book discusses economic inequality and the rate of poverty in the United States and the rest of the world. The author notes that the gap between the rich and the poor continues to grow, with many countries in the world trying to put in place measures to minimize this gap. Information on the various reasons for the rampant economic inequality is provided. This book will provide information on the state of income inequality in the US and the world.

Murphy, K. M., & Topel, R. H. (2016). Human capital investment, inequality, and economic growth. Journal of Labor Economics, 34(S2), S99-S127.

The authors of this article discuss the relationship that exists between capital investment, economic growth, and income inequality. The authors note that rising inequality is an outcome of low human capital investment, where the human capital investment fails to match the rising demand for skills. The authors are researchers from the University of Chicago, and the article will provide information on the cause of inequality and how it can be solved.

Saez, E., & Zucman, G. (2016). Wealth inequality in the United States since 1913: Evidence from capitalized income tax data. The Quarterly Journal of Economics, 131(2), 519-578.

In this article, data from income tax returns in the United States since 1913 is analyzed to determine the state of distribution of wealth in the country. The authors note that wealth concentration in the United States has been continuously increasing since 1978. The reasons for wealth distribution inequality are discussed in the article. The article will provide information on the level of economic inequality in the United States.

Goldin, C. (2016). Human capital. Handbook of cliometrics, 55-86.

The author discusses human capital, defining it and explaining its importance. The relationship between human capital and economic growth is discussed, and the various institutions that encourage investment in human capital are discussed. This article provides information on the importance of investing in human capital in the quest to minimize economic inequality. The article will provide necessary information for the resolution of the economic inequality problem in the United States.

Piketty, T., & Saez, E. (2003). Income inequality in the United States, 1913–1998. The Quarterly Journal of Economics, 118(1), 1-41.

This article provides a review of the distribution of wages and incomes in the United States from 1913 to 1998, using individual tax returns data. The authors discuss the causes of the significant income inequality in the US, especially during World War II and the Great Depression. The income distribution in the country is reviewed, and recommendations provided on how the situation can be rectified. This article will provide information necessary for the evaluation of the causes of income inequality in the United States and how the problem can be mitigated.