Episode 150: A Culture of Envy
Words & Numbers
00:00
The Problem With Income Inequality
David Frum: I want to talk a little bit about inequality. There are two types of inequality, income inequality and wealth inequality. Wealth inequality is a difference between what you have in wealth and what I have in wealth. He says the numbers focus on dollars but ignore hard assets like consumables such as food or clothing. Frum: At least intergenerationally, there's much more upward movement amongst the poor becoming richer than there is amongst the rich becoming richer.
Transcript
Play full episode
