top of page

“Forget the 1%”

  • wsceblogs
  • 7 nov. 2014
  • 1 min de lecture

Through this article “Forget the 1%”, The Economist refers to a paper by Emmanuel Saez and Gabriel Zucman making out an alarming observation about increasing inequality. They provide evidence that wealth is actually concentrated in the top 0.1% or even 0.01% of the US population rather than in the top 1%, raising concerns about the return to an “inheritance society” and a “patrimonial capitalism”, as pointed out by Thomas Piketty. See

graphs and explanations about the evolution in the share of wealth held by the different parts of the population since the 1920’s.

chart1.jpg

Source: The Economist from E. Saez and G. Zucman


 
 
 

Comments

Featured Posts
Recent Posts
Newsletter
Disclaimer

All content provided on this blog is for informative purposes only. The owner of Warning Signals cannot be held liable for the completeness or the accuracy of either the content on this blog or the one found by following any link on this website. The owner cannot be held liable for mistakes or omissions in the information or for the availability of the information. The owner cannot be held liable for any loss, injury or damage resulting from publication or reliance on this information. The posts, opinions and conclusions on Warning Signals are those of the respective authors, therefore they do not necessarily relate to the views of the University Paris Dauphine or any other affiliated institution.

Focus on: Inequality

bottom of page