How inequality cost workers $50 trillion (with Carter Price)
How inequality cost workers $50 trillion (with Carter Price)  
Podcast: Pitchfork Economics with Nick Hanauer
Published On: Tue Aug 16 2022
Description: Did you know that since 1975 a staggering $50 trillion has been diverted from the paychecks of working Americans to the pockets of the wealthiest 1%? That shocking number was discovered in a groundbreaking study done by the RAND Corporation that finally put a price tag on the massive inequality we’ve seen in America over the last 40 years. This episode was originally released in September 2020. Carter C. Price is a senior mathematician at the RAND Corporation. Twitter: @CarterCPrice The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90% – And That’s Made the U.S. Less Secure: https://time.com/5888024/50-trillion-income-inequality-america/ “We were shocked”: RAND study uncovers massive income shift to the top 1%: https://www.fastcompany.com/90550015/we-were-shocked-rand-study-uncovers-massive-income-shift-to-the-top-1 Website: https://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer