Biography

Pulitzer Prize-winning journalist Michael Hiltzik writes the daily blog “The Economy Hub.” His business column appears every ...

Read full bio

Michael Hiltzik

Michael Hiltzik

The Economy Hub

E-mail | Blog | Facebook | Twitter
U.S. income inequality is bad, but wealth inequality is a bigger problem

U.S. income inequality is bad, but wealth inequality is a bigger problem

October 24, 2014

Emmanuel Saez, that assiduous tracker of economic inequality in the U.S., has been shifting his attention away from income inequality to a broader, thornier and more intractable issue: wealth inequality. As he observes in a paper published this week at the blog of the Washington Center for Equitable Growth, wealth inequality is "exploding," constituting "a direct threat to the cherished American ideals of meritocracy and opportunity."

Local & National Video