Yale expert examines causes & impacts of inequality

Jun 5, 2014

Yale political scientist Jacob Hacker, speaking at a conference on inequality. The chart he points to depicts a correlation between wages in the financial industry, and financial deregulation
Credit Craig LeMoult

The U.S has the highest level of economic inequality of any rich democracy. As we’ve been talking about in our State of Disparity series, Connecticut’s economy is an extreme example of that. WSHU’s Craig LeMoult spoke with Jacob Hacker, the director of the Institution for Social and Policy Studies at Yale University. He’s the author of the book “Winner Take All Politics: How Washington Made the Rich Richer and Turned its Back on the Middle Class.” Hacker spoke about inequality on a national scale.

Hacker also spoke with WSHU about economic disparity in Connecticut. He said wealth from Connecticut's finance industry explains much of the inequality in the state.

For more about inequality in Connecticut, visit WSHU's State of Disparity blog.

Credit Courtesy of Jacob Hacker

Here's a detailed breakout of incomes from the top one percent.

Credit Courtesy of Jacob Hacker
Credit Courtesy of Jacob Hacker