EconTalk cover image

Gabriel Zucman on Inequality, Growth, and Distributional National Accounts

EconTalk

00:00

The Bottom 50 % Has No Gains in Economic Growth

The claim that the bottom 50 % has had no gains in economic benefit, certainly for market based economic benefit is a very dramatic claim. So what my first question is, does the addition of the national income approach, or the nation come accounts data, affect that very much? Because that bottom 50 %, they're not getting a big part of the corporate retained earnings, i assume, or other things that aren't in taxes or survey data. And so this trand that there has been zero growth and pretax income for the bottom heald for the distribution. You could see it already pretty well in tax and survey data. We we tax and surveyData have limitations. Is not really for

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app