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Behind The Markets Podcast: Robert J. Gordon & Joel Mokyr

Behind the Markets Podcast

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Will Income Inequality Continue to Get Worse?

People with the good jobs at the top are getting much faster increases in income than the people down at the bottom. If inequality to continue to concentrate income at the top at the same rate as the last 30 years, then the medium person would see a growth and income of zero point eight % a year in t future. Eana responde an, perhaps phaps points here, yet let me make a rather fundamental point about how we do our national nt counting. That takes advantage of the fact that we actually don't count leisure as part of our national income accounts. And so if you're not working because you don't want to workTeteefor the national income goes down,

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