Monday, November 26, 2012

Median US Wealth Drops Sharply

A study by Edward Wolff shows that median wealth is at the lowest level since 1969.  Half of US households possess 1 percent of the wealth.

Update (December 4):  Jordan Weissmann writes about Wolff's study.

Update (February 13, 2016):  A more vivid illustration of Wolff's data:


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