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Income Distribution Like You Have Never Seen It

Posted By Barry Ritholtz On March 4, 2014 @ 2:30 pm In Data Analysis,Digital Media,Wages & Income | Comments Disabled

click for larger chart
IncomeGuide_2013_Jan17_RGB_page-11_11 [1]
Source: Visualizing Economics [2]

 

When it comes to the top 0.01 percent of earners, it is extremely challenging to describe the differences in terms of income. Words often fail to convey the massive range.

Fortunately for us, Catherine Mulbrandon of Visualizing Economics has put together a simple chart that shows just how fantastic the spread was in 2010 between those who are merely rich and the fabulously wealthy. This is an unweighted scale. It isn’t skewed for population. It merely ranks top incomes by dollars earned.

Continues here [3]


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2014/03/income-distribution-like-you-have-never-seen-it/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/03/IncomeGuide_2013_Jan17_RGB_page-11_11.png

[2] Visualizing Economics: http://visualizingeconomics.com/

[3] Continues here: http://www.bloombergview.com/articles/2014-03-04/the-pitiful-incomes-of-hedge-fund-managers-ritholtz-chart

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