I’m reading a book on political economy that, early on, says “Consider, for example, inequalities in the distribution of income and wealth that result from the stark differences of economic opportunity and power between people in different socio-economic circumstances, particularly those relating to class, race and gender.” It happens to be this book, but that sentence is characteristic of contemporary thinking regarding economic issues. Inequality along racial and gender lines is a hot topic. I wrote about this in The Beacon recently, here, and here.
So, as that book says, let’s consider inequalities in the distribution of income and wealth.
Data from this US government website shows
