The Richest Rich Are in a Class by Themselves

See on Scoop.itThings to know

Economists Emmanuel Saez and Gabriel Zucman use IRS data to trace the rise of the super-duper rich. . The richest 0.1 percent of the American population has rebuilt its share of wealth back to where it was in the Roaring Twenties. And the richest 0.01 percent’s share has grown even more rapidly, quadrupling since the eve of the Reagan Revolution. These figures come out of a clever analysis by economists Emmanuel Saez of the University of California at Berkeley and Gabriel Zucman of the London School of Economics,

See on www.businessweek.com

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