Distorted Statistics: the Truth About the Wealth Gap Revealed

The idea that Western countries are becoming increasingly unequal is wrong, says Swedish economist Daniel Waldenström, who says popular statistics often distort the real picture. The professor of economics at the Stockholm Institute for Industrial Economics and author of “Richer and More Equal: The New History of Western Wealth” believes that exaggerated depictions of inequality can lead to flawed economic policy responses, such as ineffective w…