Faculty News | | 07 Oct 2010
Americans Underestimate U.S. Wealth Inequality
Re: Michael I. Norton
The term wealth inequality refers to the unequal distribution of financial assets among a group of people. In the U.S., the top 20 percent of people have 85 percent of the wealth. Harvard professor Michael Norton, co-author of a forthcoming paper on misconceptions about wealth equality, talks to Steve Inskeep about what Americans think they know about wealth inequality.

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