Our own optimist economist Kathryn Anne Edwards worked on a research project several years ago to measure income inequality. Its massive headline number has taken on a life of its own in columns, talking points, memes. We explain how Kathryn and co-author Carter Price managed to answer this question: What would have happened to Americans’ incomes if they’d grown at the same rate as the U.S. economy overall? Spoiler alert: 90% of us would be a lot better off.

Read the working paper Kathryn co-wrote in 2020: <a href="https://www.rand.org/pubs/working_papers/WRA516-1.html">Trends in Income From 1975 to 2018</a> and Carter Price’s <a href="https://www.rand.org/pubs/working_papers/WRA516-2.html">update going through 2023</a>.

Watch video clips from this episode at the <a href="https://www.youtube.com/@optimist_economy">Optimist Economy YouTube channel⁠⁠</a>.



Follow us on Instagram at ⁠⁠<a href="https://www.instagram.com/optimist_economy">@optimist_economy</a>.



Follow us on TikTok at ⁠⁠<a href="https://www.tiktok.com/@optimist_economy">@optimist_economy</a>.



Read some stuff on our <a href="https://optimisteconomy.substack.com/">Substack</a>.



Consume leisure in an O.E. hat or shirt: <a href="https://merch.ambientinks.com/collections/optimisteconomy">https://merch.ambientinks.com/collections/optimisteconomy

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Support us and our tireless editors and producers by donating at <a href="https://optimisteconomy.com">https://optimisteconomy.com</a>



Send your economic questions or executive orders to optimist.economy@gmail.com

Optimist Economy

Kathryn Anne Edwards and Robin Rauzi

$79 Trillion Worth of Income Inequality

JAN 27, 202649 MIN
Optimist Economy

$79 Trillion Worth of Income Inequality

JAN 27, 202649 MIN

Description

Our own optimist economist Kathryn Anne Edwards worked on a research project several years ago to measure income inequality. Its massive headline number has taken on a life of its own in columns, talking points, memes. We explain how Kathryn and co-author Carter Price managed to answer this question: What would have happened to Americans’ incomes if they’d grown at the same rate as the U.S. economy overall? Spoiler alert: 90% of us would be a lot better off.Read the working paper Kathryn co-wrote in 2020: Trends in Income From 1975 to 2018 and Carter Price’s update going through 2023.Watch video clips from this episode at the Optimist Economy YouTube channel⁠⁠.Follow us on Instagram at ⁠⁠@optimist_economy.Follow us on TikTok at ⁠⁠@optimist_economy.Read some stuff on our Substack.Consume leisure in an O.E. hat or shirt: https://merch.ambientinks.com/collections/optimisteconomySupport us and our tireless editors and producers by donating at https://optimisteconomy.comSend your economic questions or executive orders to [email protected]