Tag Archives: Wealth Inequality

A challenge is limited data. WCEG — The Equitablog No one measure of inequality tells the whole story–income, wealth, and consumption should be considered togetherAustin Clemens

This is a bit old. The Economic Report of the President was published a while ago. I just was looking recently, essentially because it has a chapter on the 70th anniversary of the Council of Economic Advisers (CEA). The report discusses the role of Leon Keyserling, the second chair of the CEA, but the most relevant one in the early period, who, like Eccles at the Fed, tends to be a relatively underestimated and forgotten influence on the rise of Keynesian economics (that's in this chapter)....

Double posting on the Credit Suisse Global Wealth Report (2015) (other post here). I had discussed the previous issue here. Below the Global Wealth Pyramid. Not much difference with previous one, but a bit worse. Now 71% of the population holds 3% of the wealth (before it was the 67% at the bottom held 3.3% approximately). And the top 0.7% of the population holds slightly more than 45% of total wealth.By the way, the US has added more people at the top, while Japan and Europe have lost a...