Russ Roberts

Steven Kaplan Podcast Episodes and Extras

Category Archive with 1 podcast episodes and extras
 

Kaplan on the Inequality and the Top 1%

EconTalk Episode with Steven Kaplan
Hosted by Russ Roberts

Steven Kaplan of the University of Chicago talks with EconTalk host Russ Roberts about the richest Americans and income inequality. Drawing on work with Joshua Rauh, Kaplan talks about the composition of the richest 1% and 1/10 of 1%--what proportions come from the financial sector, CEOs from non-financial corporations, athletes, lawyers and so on. Then he discusses how the incomes of these different groups have changed over time. Kaplan argues that these groups have increased their incomes by similar proportions, suggesting that a failure of corporate governance is not the explanation of rising CEO pay. The discussion closes with a discussion of the financial crisis and the compensation in the financial sector.

Size: 30.1 MB
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