Tuesday, December 31, 2002


The Super Rich Are Out of Sight

"To grasp the true extent of wealth and income inequality in the United States, we should stop treating the "top quintile"--the upper-middle class--as the "richest" cohort in the country. But to do that, we need to look beyond the Census Bureau's cooked statistics. We need to catch sight of that tiny, stratospheric apex that owns most of the world."

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