Wealth isn't (just) stored-up income. At least, if you're going to make this equivalence, also limit your picture of wealth inequality to the subset of wealth w

Wealth isn't (just) stored-up income. At least, if you're going to make this equivalence, also limit your picture of wealth inequality to the subset of wealth which is stored-up income. My sense is that the vast majority of the wealth inequality picture is driven by returns.