I think it's interesting, the facts on the associative mating. I looked at people who were in the top wage group and they were as likely to marry another woman from a top wage group as to marry somebody from the bottom. The change is even more dramatic for women, it's now five to one. It used to be one to one and it's now 5 to one. On the contrary, I think it's actually a good development. But on the other hand, it does have the implication of rising inequality. Yeah. Absolutely. Working 70 hours a week. And then saving some of it, investing in a very simple mutual fund, not taking a big risk, but steadily
Economist and author Branko Milanovic of the Graduate Center, CUNY, talks about his book, Capitalism, Alone, with EconTalk host Russ Roberts. They discuss inequality, the challenge of corruption in the Chinese system, and Milanovic's claim that in American capitalism, the texture of daily life is increasingly affected by the sharing economy and other opportunities.