Education and Opportunity Improve Income Equality

“Toronto Centre, you see, contains Rosedale and Regent Park, meaning the rich and poor live rather close together. There’s nothing new about that:  Writing a century ago, a visitor to Ottawa remarked on the Rockcliffe neighbourhood, where the well-to-do jostled uncomfortably closely with residents of less tony Vanier.

In the first half of the 20th century, income inequality was on the rise in the West. Two great wars destroyed many fortunes, and made a few others, but on balance did not do much for inequality. After the war, however, the jobs market eventually did well and, meanwhile, secondary school completion rates and post-secondary attendance soared.”

This entry was posted in Blog and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply