Professor Dave Explains
Professor Dave Explains
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Understanding Wealth Inequality

Posted

February 28, 2022

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We've talked about public goods and externalities, and one negative externality associated with economic decisions is wealth inequality. A certain measure of wealth inequality is expected and desirable for any economy. But when this becomes extreme, as it is in the United States and many other countries today, it can be an enormous problem. Let's talk about how this arises, its effects, and how we measure it quantitatively.

Script by Matt Beat

Animation by Ignacio Triana

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Understanding Wealth Inequality · Professor Dave Explains · Sentinel