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Episode 68: As Long As People Are Free, There Will Be Inequality

Words & Numbers

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The Rise of Inequality

The average person amongst the poorest 20% has 10% more income today than he did 50 years ago. If you want to talk about the top 20%, they have 60% more income. What we consider poor today was middle class or upper middle class living 200, 300 years ago. And within that context, we have growing inequality.

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