What's Going on in the United States?

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Income shares measured going to the top one % grown very dramatically in a lot of industrialized countries. In germany, they play a much bigger role in corporations than the stertifica. Unions have severalbord members so they are involved inn decision making within corporations. That's a big difference with with te vents and it's likely to be part of the reason why the the german working classes is doing better than thete west.

Gabriel Zucman of the University of California, Berkeley talks with EconTalk host Russ Roberts about his research on inequality and the distribution of income in the United States over the last 35 years. Zucman finds that there has been no change in income for the bottom half of the income distribution over this time period with large gains going to the top 1%. The conversation explores the robustness of this result to various assumptions and possible explanations for the findings.