Tag: wealth inequality
-
Wealth Inequality and The Top 1%
Business Insider: Myth Busting: The Wealth Gap Isn't at a Record High The article says: A National Bureau of Economic Research paper by Edward N. Wolff, a New York University professor and one of the leading U.S. experts on wealth shares, shows that in 1998, the richest one percent of Americans owned 38.1 percent of…
-
Rising Wealth Inequality: Should We Care? (Tyler Cowen)
New York Times: Rising Wealth Inequality: Should We Care? (Tyler Cowen) Why do Americans seem unperturbed about the growing gap between the rich and the poor? First, a lot of Americans live very well, even if they don’t enjoy all of the benefits of the lifestyles of the very wealthy. It is quite possible that…