Industrial Insight

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

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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About author

I'm the executive vice president for a steel casting trade association, the Steel Founders' Society of America. I've got a crazy wife, five crazy children, three crazy people that married into the family, and two crazy fun little grandsons.







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