In the most recent EcontTalk podcast, host Russ Roberts interviews Steve Kaplan of the University of Chicago about income inequality.
I recommend it.
Early in the podcast, Roberts quips:
Recessions are bad for the rich. If you care about inequality per se, recessions are great.
- “My wealth does not create your poverty.” (ourdinnertable.wordpress.com)
- Doesn’t Appear that Income “Inequality” is On the Rise (cafehayek.com)