Published Apr 9, 2012

Richard Burkhauser on the Middle Class

Economist Richard Burkhauser challenges conventional income measurements by advocating for the inclusion of household size and non-wage compensation to more accurately reflect middle-class growth, while also examining the impact of technological change on income inequality and the necessity of policy adjustments.

Episode Highlights

Topics covered

Episode Highlights

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Richard Burkhauser on the Middle Class

Topics covered

Popular Clips

Stagnation or Growth?

Income Inequality Analysis

Measuring Income, Inequality

Changing Tax Units, Household Units

Understanding Household Income

Measuring Income Inequality

Changing Measures

Debating Economic Progress

Sharing Units and Poverty

Understanding Income Disparity

Income Inequality Insights

The Middle Class Debate

Sharing Units and Household Income

Shifting Income Distribution

Rising Inequality, Technological Change

Episode Highlights

Middle Class Metrics

Income Definitions

Impact of Technological Change

Related Episodes

Bruce Meyer on the Middle Class, Poverty, and Inequality

William Bernstein on Inequality

Robert Frank on Inequality

Gabriel Zucman on Inequality, Growth, and Distributional National Accounts

Bruce Meyer on Poverty

Mark Rank on Poverty and Poorly Understood

Thomas Piketty on Inequality and Capital in the 21st Century

Joseph Stiglitz on Inequality

James Galbraith on Inequality

Richard Epstein on Happiness, Inequality, and Envy

Daron Acemoglu on Inequality and the Financial Crisis

Mark Warshawsky on Compensation, Health Care Costs, and Inequality

Richard Epstein on Cruises, First-Class Travel, and Inequality

Michael Munger on the Basic Income Guarantee

John Cochrane on Economic Growth and Changing the Policy Debate

Richard Burkhauser on the Middle Class

Topics covered

Popular Clips

Episode Highlights

Middle Class MetricsRichard Burkhauser examines how different assumptions about income measurement can drastically alter perceptions of middle-class economic growth. He argues that including factors like household size and non-wage compensation provides a more accurate picture of economic progress.

Middle Class Metrics

Income Definitions

Impact of Technological ChangeTechnological advancements have led to skill-biased income disparities, necessitating market and policy adjustments. Richard Burkhauser explores how these changes impact income distribution and the role of government programs in addressing inequality.

Impact of Technological Change

Related Episodes