<p>Bernie Sanders says a vast amount of wealth - $50 trillion - has moved from 90% of the population to the wealthiest Americans since the 1970s. The figure comes from a study by Carter Price, a senior mathematician at nonprofit research institute the RAND Corporation.</p><p>Tim Harford speaks to Carter to understand how he calculated his figures and what they really mean.</p><p>If you’ve seen a number in the news you think we should take a look at, email moreorless@bbc.co.uk </p><p>Presenter: Tim Harford Producer: Nicolas Barrett Series producer: Tom Colls Sound mix: Giles Aspen Editor: Richard Vadon</p>

More or Less

BBC Radio 4

Has there been a $50 trillion wealth transfer to the richest Americans?

NOV 15, 20258 MIN
More or Less

Has there been a $50 trillion wealth transfer to the richest Americans?

NOV 15, 20258 MIN

Description

<p>Bernie Sanders says a vast amount of wealth - $50 trillion - has moved from 90% of the population to the wealthiest Americans since the 1970s. The figure comes from a study by Carter Price, a senior mathematician at nonprofit research institute the RAND Corporation.</p><p>Tim Harford speaks to Carter to understand how he calculated his figures and what they really mean.</p><p>If you’ve seen a number in the news you think we should take a look at, email [email protected] </p><p>Presenter: Tim Harford Producer: Nicolas Barrett Series producer: Tom Colls Sound mix: Giles Aspen Editor: Richard Vadon</p>