Daron Acemoglu on Inequality, Institutions, and Piketty
EconTalk
00:00
Top One % - What's the Top Ten Percent?
The share of top one % is increasing very rapidly. We should worry about as social scientists, and for journalists to worry about whether the society is being increasingly dominated by a small fraction of the population. If somehow money becomes more and more dominant in politics, then you may actually worry about it. It could be quite dangerous for society.
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