Yale expert examines causes & impacts of inequality
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.
Here's a detailed breakout of incomes from the top one percent.