Society

By John Van Reenen, Professor of Economics and Guy Michaels, Associate Professor of Economics, Centre for Economic Performance London School of Economics.

Over the last 30 years, inequality has risen as new technologies have massively increased the demand for highly skilled workers. Yet as our research shows, it is not simply a case of the more educated benefiting at the expense of the less educated. Rather, it is the middle-skilled who are losing out most.

In the UK today, the richest tenth of male earners receive almost four times as much as the poorest tenth, whereas…

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