George Irvin will speak on the growth of inequality with particular reference to Britain. The fundamental argument is that inequality and poverty cannot be separated. The UK’s Gini Coefficient (the most common measure of income inequality) has been rising for some years and, under the austerity measures adopted by the current government which has cut benefits and raised unemployment, inequality will rise further. The multiple social costs of inequality have been laid out most recently by Wilkinson & Pickett. Moreover, the government’s austerity measures are largely unnecessary. Remedies include: reversing regressive total fiscal incidence (ie, more progressive taxation) through uncapping NICs, introducing minimum tax bans and clamping down on personal and corporate tax avoidance. A Financial Transactions Tax is to be welcomed. Such measures would, moreover, generate sufficient revenue to finance a programme for growth, thus helping the public finances.
Location: The Barn, Hendon campus
Further information: Anyone can attend this event, free of charge. Although we are partciularly interested to hear from masters and PHD students, university staff, public sector workers and journalists. If you have any questions please email Anne Daguerre: email@example.com
Join us for the annual Mathematics Christmas Lecture
Music and carols performed by the University Choir