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The Provisioning of Inequality

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  • William Redmond

Abstract

Lower income households make much heavier use of costly financial services, such as payday loans, check cashing services, auto title loans, and many more. These services are crafted for, targeted to, and distributed through outlets in lower income neighborhoods. In other words, there are extensive provisioning systems designed specifically to deliver such products and services to these households. Such marketing aimed at lower income groups reduces both their wealth and welfare relative to upper and upper middle groups.

Suggested Citation

  • William Redmond, 2015. "The Provisioning of Inequality," Journal of Economic Issues, Taylor & Francis Journals, vol. 49(2), pages 527-534, April.
    • Handle: RePEc:mes:jeciss:v:49:y:2015:i:2:p:527-534
    DOI: 10.1080/00213624.2015.1042799
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    Cited by:

    1. Paulette J. O’Gilvie, 2023. "The effects of casino proximity and time on poverty levels in New York City," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-9, December.
    2. Paulette J. O’Gilvie, 2022. "The impact of casino proximity on northeast urban communities: a literature review," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-9, December.

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