Gabriel Zucman on Inequality, Growth, and Distributional National Accounts
EconTalk
00:00
What's the Limit of Current Estimates of Inequality in the West?
Bottom 50% of the distribution has experienced zero growth pre tax and transfer. But after taxes and transfers, its income has grown by about ty % since 19 80. That is still much, much less than a growth at the top of the distribution. So our conclusion here is that despite important changes in in government transfers,. that has not been enough to significantly lift the income of a working class americans of the bottom 50%.
Transcript
Play full episode
