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Doesn’t Appear that Income “Inequality” is On the Rise

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Check out this data-rich analysis of the trend, over decades, of income inequality in the U.S. – for, respectively, individuals, households, and families – over at Political Calculations [2].  Informative.  And it is strong evidence for a point on this matter that Russ often makes, namely, that changes in the composition of households creates illusions in data carelessly considered.  (HT Mark Perry [3])