Gap between richest and the rest creates a land of disappointed citizens: economist

Gap between richest and the rest creates a land of disappointed citizens: economist HALIFAX — Nova Scotia economist Lars Osberg's latest book on the widening gap between the very richest and the rest argues the trend is creating disappointed Canadians prone to distrusting one another and their governments. Michael Tutton, The Canadian Press Sep 25, 2024 1:00 AM Sep 25, 2024 1:05 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Nova Scotia economist Lars Osberg's latest book on the widening gap between the very richest and the rest argues the trend is creating a disappointed majority more prone to political extremes. Osberg poses for a portrait at his home in Halifax, Sept.

13, 2024. THE CANADIAN PRESS/Kelly Clark HALIFAX — Nova Scotia economist Lars Osberg's latest book on the widening gap between the very richest and the rest argues the trend is creating disappointed Canadians prone to distrusting one another and their governments. In 1981, when Osberg published an earlier book — "Economic Inequality in Canada" — he noted the country was coming off four decades of growth, and inequality was stable.

Forty-three years later, his latest work — "The Scandalous rise of Inequality in Canada" (Lorimer) — describes a deepening chasm that is eroding the social cohesion needed to combat problems ranging from climate change to pandemics. "What's really changed has been the gulf between all Canadians and the top one-tenth of one p.