Industrial Insight

income inequality increasing but… wealth not so much…. | November 8, 2011

http://blog.heritage.org/2011/11/07/income-inequality-vs-wealth-inequality/

Income Inequality vs. Wealth Inequality

David Weinberger

November 7, 2011 at 11:51 am

It’s easy to get lost in the cacophony of numbers and statistics thrown around by all sides in the income inequality debate. Just remember that wealth concentration has declined among top earners, even according to the very economist the left generally cites to argue that income inequality has grown. That wealth data reflect a decline in concentration at the top over the past hundred years should indicate that reaching conclusions about inequality using income data is at best an incomplete assessment.

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