Chief Economist Greg Jericho goes into it on the latest Dollars & Sense, and why he prefers using national income as a signifier of economic wellbeing.
@grogsgamut.bsky.social @elinorjohnstonleek.bsky.social #auspol
Today that same fraction of the population – which now includes 19 households – own the equivalent of 14% of US #nationalincome in #wealth” open.substack.com/pub/gzucman/... #inequality #tax
Today that same fraction of the population – which now includes 19 households – own the equivalent of 14% of US #nationalincome in #wealth” open.substack.com/pub/gzucman/... #inequality #tax