I do think you're using a better manit is such a complicated question, right? Because ideally what you want is a basket of goods that the bottom 50 % buys. And as a big part of teemcrogmi story, an osokan head break on sid the trans consumption maybe nothing. So increase in rittle consumption wis the transit income. I thik, that sum exactly right.
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.