What is the median wealth of Connecticut families?Is it the average wealth of families?We are asking these questions as part of a new project to understand the state’s wealth inequality.We have created the Connecticut Wealth Report, which is available here and will be updated with data each month.It includes data on wealth and the number […]
Rich people are more likely to have more wealth than poor people, but they also tend to be wealthier than middle-class Americans, according to a new study published in the American Journal of Sociology.A survey of over 11,000 American adults, conducted by the University of Southern California, found that people with more than $10 million […]
WASHINGTON — A new study from the U.S. Census Bureau shows that the wealth gap between the richest and poorest Americans is widening in the wake of a recession that has left the country with one of the highest rates of inequality in the industrialized world.In its report, titled The Wealth Inequality of America, the […]
A few years ago, we started talking about wealth in Australia.The idea of wealth as the value that’s distributed around an individual and the value of that individual’s assets and the income that’s generated from that value, we were told, was a very old idea.It was the idea of Henry George, who argued that the […]
