News

On incomes, Russia and the US are now equally unequal

Posted on

By documenting the share of income pocketed by different ranks of earners, the measure tells us a lot about the distribution of wealth in a given society. For instance, in an egalitarian utopia, where everyone made just about the same amount of money each year, the top 10% of earners would earn only a bit more than 10% of total income.”

« Back to News