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Gabriel Zucman on Inequality, Growth, and Distributional National Accounts

EconTalk

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Are We on the Top 50 % of the United States?

In 19 80, larry bird and magic johnson were the best basketball players. Now they make a lot more than the average person in the stands who was following them. People on wall street have benefited in a grotesque way from the willingness of the us Government to treat them with special favors. And i think that's a distortion that we should be upset about. But if we' just look at the underlying effectiveness of the economy...i don't find anything surprising or disturbing"

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