$79 Trillion Worth of Income Inequality
Our own optimist economist Kathryn Anne Edwards worked on a research project several years ago to measure income inequality. Its massive headline number has taken on a life of its own in columns, talking points, memes. We explain how Kathryn and co-author Carter Price managed to answer this question: What would have happened to Americans’ incomes if they’d grown at the same rate as the U.S. economy overall? Spoiler alert: 90% of us would be a lot better off.
Read the working paper Kathryn co-wrote in 2020: Trends in Income From 1975 to 2018 and Carter Price’s update going through 2023.
Watch video clips from this episode at the Optimist Economy YouTube channel.
Follow us on Instagram at @optimist_economy.
Follow us on TikTok at @optimist_economy.
Read some stuff on our Substack.
Consume leisure in an O.E. hat or shirt: https://merch.ambientinks.com/collections/optimisteconomy
Support us and our tireless editors and producers by donating at https://optimisteconomy.com
Send your economic questions or executive orders to optimist.economy@gmail.com
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Our own optimist economist Kathryn Anne Edwards worked on a research project several years ago to measure income inequality. Its massive headline number has taken on a life of its own in columns, talking points, memes. We explain how Kathryn and co-author Carter Price managed to answer this question: What would have happened to Americans’ incomes if they’d grown at the same rate as the U.S. economy overall? Spoiler alert: 90% of us would be a lot better off.
Read the working paper Kathryn co-wrote in 2020: Trends in Income From 1975 to 2018 and Carter Price’s update going through 2023.
Watch video clips from this episode at the Optimist Economy YouTube channel.
Follow us on Instagram at @optimist_economy.
Follow us on TikTok at @optimist_economy.
Read some stuff on our Substack.
Consume leisure in an O.E. hat or shirt: https://merch.ambientinks.com/collections/optimisteconomy
Support us and our tireless editors and producers by donating at https://optimisteconomy.com
Send your economic questions or executive orders to optimist.economy@gmail.com
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