The National Income Accounts - Are You Using National Accounts Data?

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i have to say, i find them hard to believe. So listeners will not be surprised that i am sceptical of these findings, right? Gabriel: How do you begin to make the assumptions that you need to do to apportion those gains to different strata of the income distribution? That's ha great question. But that's exactly what you're trying to do.

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.