Saturday, April 5, 2014

Top 0.1% wealth share in the U.S., 1913-2012

Click here if you wish to access source of this posting from Real-World Economics Review.

This chart, from the work of Emmanuel Saez and Gabriel Zucman [pdf], illustrates the large increase in top 0.1% wealth share since the 1980s (top 0.1% = wealth above $20 million today. In other words, the inequality in the distribution of wealth in the United States is back to what it was just prior to the first Great Depression.