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Although income (and wealth) distributions are pretty smooth in dollar terms, there's an extreme social stratification somewhere in the the top 1%. The lower ha
by rudiger 15y ago
Although income (and wealth) distributions are pretty smooth in dollar terms, there's an extreme social stratification somewhere in the the top 1%. The lower half of the top 1% consists of doctors, lawyers, managers, and successful small business owners. The upper half (or upper .1%, or upper .01%) form a very different group.
http://news.ycombinator.com/item?id=2844059 http://news.ycombinator.com/item?id=2844059