4min chapter

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Gabriel Zucman on Inequality, Growth, and Distributional National Accounts

EconTalk

CHAPTER

What's the Real Source of Income Gains?

i'm interested in what your thoughts are on sor the decomposition of thewhere that income comes from the top one %. A lot of them are indeed calp rit executives n in various industries. So finance is an important component, but it's far from it. The rise of us incommunquality was essentially driven by an increase in laborin communqualitvis the ubsurge of top coper executive pay. Since two thousand, it's been very different. Labor in communecualitytraty has not increased, might even have declined a little bit. Capital income at the top is more important than laborincomtha. That wealth itselfgenerates o som

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