Daron Acemoglu on Inequality, Institutions, and Piketty
EconTalk
00:00
Capital Income Is Very Unequally Held
i interviewed jack bogel, the founder of vanguard. What he did is he democratized access to capital through vanguard's index mutual funds. It's an incredible revolution, really. Not every single worker has access to it, but many, many do. And certainly more than, say, 50 years ago.
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