Weekend Listen: There's a Mind-Boggling Number of Rich People in America
Big Take27 Sep

Weekend Listen: There's a Mind-Boggling Number of Rich People in America

In 2014, the economists Owen Zidar and Eric Zwick were asked by the US Treasury to conduct a study on the tax burden of private business owners. One of their central findings is that there are about three million private business owners who have an average wealth of around $25 million. The research they conducted led to their new book, The Everywhere Millionaire: Who Is Really Rich in America and How They Got There.

On this week's Weekend Listen, Odd Lots co-hosts Joe Weisenthal and Tracy Alloway talk to Zidar and Zwick about how they measured the actual number of rich people in America, why income inequality started to rise in tandem with the growing number of pass-through businesses, and how it's possible that the collective revenue of the nation's dentists far exceeds that of the NFL.

Read more:
Tech’s New Rich Are Suffering From ‘Sudden Wealth Syndrome’
Jobless Tech Workers Are Being Left Out of San Francisco’s AI Boom

See omnystudio.com/listener for privacy information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1011)

Crafting America’s Favorite Countertops Is Killing Workers

Crafting America’s Favorite Countertops Is Killing Workers

People who fabricate artificial stone are getting sick with a deadly chronic illness—on that, there’s no debate. But whether it’s the individual shops or the material’s manufacturers who should be hel...

25 Sep 21min

This Isn’t Your Grandparents’ UN

This Isn’t Your Grandparents’ UN

At this week’s UN General Assembly meeting in New York, an AI executive delivered dire warnings via video. President Trump threatened to annihilate Iran. China’s Xi Jinping skipped the meeting altoget...

24 Sep 15min

Why Everyone Is Talking About High Diesel Prices

Why Everyone Is Talking About High Diesel Prices

Diesel prices are hitting new highs, and voters aren’t happy. With the midterms approaching, the Trump administration is trying to find ways to curb fuel costs, including a potential US diesel export ...

23 Sep 17min

US-China AI Race to Take Center Stage at Trump-Xi Meeting

US-China AI Race to Take Center Stage at Trump-Xi Meeting

As Chinese President Xi Jinping makes his first visit to Washington in over a decade, trade and the AI race will likely dominate talks with Donald Trump. On today’s Big Take Asia podcast, host K. Oanh...

22 Sep 16min

How Much Is the Hormuz Blockade Costing the US?

How Much Is the Hormuz Blockade Costing the US?

The Iran War is likely to take center stage when President Trump meets with Gulf leaders on the sidelines of this week's UN General Assembly. Houthi attacks in Saudi Arabia and rising energy prices un...

21 Sep 14min

Big Pharma Needs New Drugs. China Has Them

Big Pharma Needs New Drugs. China Has Them

American pharma giants are increasingly turning to Chinese labs to discover, test and develop cutting-edge drugs. On the Big Take Asia podcast, Bloomberg’s Amber Tong and Robert Langreth join Oanh Ha ...

20 Sep 17min

Japan Hikes Rates, Reshaping Carry Trade

Japan Hikes Rates, Reshaping Carry Trade

It’s been a big week for central banks around the world. Yet among the flurry of rate decisions, the Bank of Japan’s move stands out. After decades of near-zero interest rates, policymakers are bettin...

18 Sep 16min

Populärt inom Politik & nyheter

svenska-fall
aftonbladet-krim
fordomspodden
p3-krim
rss-krimstad
flashback-forever
rss-expressen-dok
spar
aftonbladet-daily
rss-vad-fan-hande
rss-sanning-konsekvens
svd-ledarredaktionen
rss-krimreportrarna
politiken
omni-podd
rss-flodet
rss-utopia-2
en-runda-till
rss-frandfors-horna
motiv