- List of Figures and Tables*
- Preface
- Introduction
- I. How Inequality Obstructs
- 1. Learning and Human Capital
- 2. Skills, Talent, and Innovation
- II. How Inequality Subverts
- 3. Public Spending
- 4. Market Structure
- III. How Inequality Distorts
- 5. The Economic Cycle
- 6. Investment
- Conclusion: The Economic Imperative of Equitable Growth
- Notes
- Acknowledgments
- Index
- * Figures and Tables
- Figures
- I.1.
- a. Average growth is used to represent most Americans’ experience
- b. Only the top 10 percent have seen above-average income growth
- I.2. Wealth is increasingly concentrated at the top
- I.3. Recent generations are less likely to earn more than their parents
- 1.1. Early childhood education has important lifetime outcomes
- 1.2. Moving to a different US neighborhood as a child affects income in adulthood
- 1.3. School spending levels matter for adult poverty
- 1.4. College completion gaps persist and grow
- 2.1. Patent rates vary with parents’ incomes
- 2.2. Patent rates vary with third-grade math test scores
- a. By parental income
- b. By race and ethnicity
- c. By gender
- 2.3. Women in economics are held to higher standards
- 3.1. There is no obvious relationship between top tax rates and growth rates
- 3.2. Inequality and political polarization have risen in tandem
- 4.1. Market concentration has risen in recent decades
- 4.2. Startup rates are declining
- 4.3. Share of income going to labor has declined over time
- 4.4. Employment is increasingly concentrated
- 5.1. Household debt has grown significantly since the 1950s
- 5.2. Mortgage debt has grown over time
- 6.1. The wealthy are more likely to save their income
- 6.2. Firms are holding more cash as a share of net assets
- C.1. Disaggregating national income is revealing
- a. Aggregate numbers say nothing about how growth is distributed
- b. Disaggregation shows growth flowing to high-income Americans
- I.1.
- Tables
- 4.1. Share of revenue earned by the largest US firms is on the rise
- C.1. What we’ve learned about how economic inequality affects economic growth and stability
- Figures
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