
❝ It is hardly a secret that income inequality has risen in recent decades. But by how much? Who is most affected? Does it matter? Scholars arrive at different answers to these questions, sometimes because they use different datasets, or apply different methods. Technical decisions—defining households, handling those recording zero income, applying an inflation adjustment, and so on—can make a big difference to final numbers. A particularly tricky issue is whether to include government-provided services, such as Medicaid, in estimates of income, and if so, how to calculate their value.[TheAtlantic.com]
RICHARD REEVES is a enior fellow at the Brookings Institution and author of Dream Hoarders.. Watch him discuss why education reduces social mobility below, and learn more about booking Richard for your next event today. |