Latest / Pitchfork Economics with Nick Hanauer
Inequality is costing workers $50 trillion (with Carter Price)
Yesterday, a groundbreaking study by the RAND Corporation put the first-ever price tag on how much income inequality costs American workers. The bill? $50 trillion. You read that right: $50 trillion has been diverted from working Americans to the wealthiest 1% since 1975. To make sense of this staggering number, Nick and Goldy are joined by mathematician Carter Price, the study’s co-author.
Carter C. Price is a senior mathematician at the RAND Corporation.
Twitter: @CarterCPrice
If you like the show, please consider leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics
Further…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.