Rising Income Inequality
Economist Gabriel Zucman discusses the unique surge in the top 1% income share in the United States compared to other rich countries. He highlights the significant increase in the top 1% earning 20% of total pretax income, while the bottom 50% now earns only 10-12%. This phenomenon has not occurred in any other developed country since 1980.In this clip
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EconTalk
Gabriel Zucman on Inequality, Growth, and Distributional National Accounts
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