Is rising inequality in wealth and income a problem?

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Is rising inequality in wealth and income a problem?

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[Speaker 1]

Okay, so less tension for my question. It's a more contemporary issue, the one on the rising inequality in terms of wealth and income. I think this has been more or less established by thinkers like PKT, as you mentioned earlier, and more contemporary media recently, more moderate media. So, this might have consequences, democratic consequences. So for both of you,

[Speaker 2]

How has this happened and is it a problem? Those data greatly exaggerate the increase in income inequality over the past several decades.

Basically, the data set gives you different numbers every time the tax laws change, because they're tax data. So every change in the tax laws affects the numbers.