The Haves and the Have Less
View of Rio de Janeiro, Brazil. Income inequality will need to be tackled in emerging countries as they become more developed, says Piketty (photo: Scorza/Newscom)
In This Episode
Income inequality in the U.S. has soared to its highest level since the Great Depression, and that trend has only deteriorated during the global downturn of recent years. Thomas Piketty has been tracking this growing disparity and says the yawning gap between the haves and have less is bad for growth and bad for society.
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BEHIND THE MIC
Bruce Edwards
International Monetary Fund
Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.
Rhoda Metcalfe
RHODA METCALFE is an independent journalist and audio producer.