Superstars and Earnings Inequality
A new report from the U.S. Congressional Budget Office reveals that the earnings of the top richest 1% grew by 275% betwen 1979 and 2007 - click here for report. The report suggest that the rise of superstars in business, Wall St, sport and entertainment is largely responsible for this rise. But why has this supertsar culture arisen over the past 30 years? Click here for NY Times coverage of this report.