Journal Article
U.S. income inequality: it's not so bad
Abstract: Census data show that the income of the rich is growing faster than the income of the poor. But such common measures exaggerate the degree of income inequality. In addition, income inequality is the result of, and not a detriment to, a well-functioning economy.
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https://www.stlouisfed.org/publications/regional-economist/october-2008/us-income-inequality-its-not-so-bad
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Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2008
Issue: Oct
Pages: 4-5