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Samantha Eyler-Driscoll — Who Are the Top 1 Percent in America? The Answer from New Research Might Surprise You

Summary:
A new paper challenges Thomas Piketty’s portrayal of an income distribution dominated at the top by passive rentiers who do nothing to earn their money, arguing that income inequality in America today is driven by the working rich. ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessWho Are the Top 1 Percent in America? The Answer from New Research Might Surprise You Samantha Eyler-Driscoll

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A new paper challenges Thomas Piketty’s portrayal of an income distribution dominated at the top by passive rentiers who do nothing to earn their money, arguing that income inequality in America today is driven by the working rich.
ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of Business
Who Are the Top 1 Percent in America? The Answer from New Research Might Surprise You
Samantha Eyler-Driscoll

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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