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Usually I have the same reaction, but this article in particular actually does a good job of distinguishing and showing a lot of different cuts such as change o
by dasil003 5y ago
Usually I have the same reaction, but this article in particular actually does a good job of distinguishing and showing a lot of different cuts such as change over time and slice average versus percentile thresholds. It actually directly addresses a lot of questions I've had for years and never seen expressed as clearly.
Right at the top the terminology clearly delineates the two:
> These economists have been seeking to measure income inequality and wealth inequality, and to understand the nature of the 1 percent’s income and assets.
- rkk3 5y ago>this article in particular actually does a good job of distinguishing I read it before I posted, and I think that by presenting wealth and income together, they are conflating them. The terminology is nice, but it is not backed up by the content. For example how much of the wealth comes from income? I imagine a significant portion has not been recognized. Someone could be self-made and have billions in wealth but only a fraction of that has been recognized as income.