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Our Broken Economy, in One Simple Chart

Original story at nytimes.com• 17 mentions • 2 weeks ago

nytimes.com 2 weeks ago

Many Americans can’t remember anything other than an economy with skyrocketing inequality, in which living standards for most Americans are stagnating and the rich are pulling away. It feels inevitable. But it’s not. A well-known team of inequality researchers — Thomas Piketty, Emmanuel Saez and Gabriel Zucman — has been getting some attention recently for a chart it produced. It shows the change in income between 1980 and 2014 for every point on the distribution, and it neatly summarizes the recent soaring of inequality. The line on the chart (which we have recreated as the red line above) resembles a ...
 
 
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What they're saying:

10 Aug
NewZealandEconomics @economicsNZ
RT @DrCameronMurray: Our Broken Economy, in One Simple Chart - The New York Times https://t.co/XsM3Yj6ayO
09 Aug
David Leonhardt @DLeonhardt
RT @stuartathompson: Here’s how income growth has changed since 1980. https://t.co/Tb8J5lMpWb https://t.co/X44iNrORix
09 Aug
Antoni Soy @antonisoy
RT @ptcherneva: Our Broken Economy, in One Simple Chart https://t.co/nV8ZRYGGGv
08 Aug
Mark Abraham @urbandata
RT @lenagroeger: Sometimes all you need is a chart (or a gif). Our Broken Economy, in One Simple Chart https://t.co/WBKNMWDBzr https://t.
08 Aug
joan subirats @subirats9
RT @JordiVaquer: US' Broken Economy, in One Simple Chart. And Europe heading in the same direction. https://t.co/SQYjKmIqKR
08 Aug
Blake Hounshell @blakehounshell
RT @AlecMacGillis: This is such an insane graph. Says it all. Thanks, @DLeonhardt. https://t.co/dE3GvGx2P5 https://t.co/fHyDFpRx9R
08 Aug
Anthony Townsend @anthonymobile
has anyone tried network maths to explain this? isn't it just a function of the newly superconnected getting it all? https://t.co/yyFrJfP951
08 Aug
Andrew Losowsky @losowsky
RT @kenekaplan: Our Broken Economy, in One Simple Chart https://t.co/9ByAN9BAbD
08 Aug
McKinsey Global Inst @McKinsey_MGI
RT @mchui: Via @DLeonhardt re #inequality https://t.co/wnAywNoB6D
08 Aug
Amine Ouazad @amine_ouazad
RT @johnvanreenen: Our Broken Economy, in One Simple Chart via @NYTimes https://t.co/B7VZqkWrTn
08 Aug
Mike Konczal @rortybomb
Note re: dream hoarding and fancy sandwiches, income growth in 80 - 90 percentile is down relative to 1980 baseline: https://t.co/8UWBUV4w4n
08 Aug
Yanis Varoufakis @yanisvaroufakis
RT @chakrabortty: America's Broken Economy, in One Simple Chart https://t.co/qSvLqjRXVk
08 Aug
tom keene @tomkeene
good charts-don't-lie morning @DLeonhardt kills it w a terrific dynamic chart...2nd one down https://t.co/zKqXPyaOpa @econjared
08 Aug
Michael Cairns @Personanondata
Our Broken Economy, in One Simple Chart via @NYTimes https://t.co/Sq3lsMGqdM
08 Aug
Mark Price @price_laborecon
I'm so old I remember when this paragraph didn't end this way. https://t.co/O7ZBOSAJk2 https://t.co/dDicTisKaW
08 Aug
Charles M. Blow @CharlesMBlow
RT @marcusmabry: Our Broken Economy, in One Simple Chart via @NYTimes https://t.co/L0PofkBlGq
08 Aug
rolandsmartin @rolandsmartin
RT @MayaRockeymoore: Our Broken Economy, in One Simple Chart https://t.co/MKPYjEESMT