Confronting Income Inequality

January 2, 2014 | CUNY Lecture Series, Graduate Center

The one percent versus the 99 percent – an old story by now, but one that etches societies to varying degrees in countries around the world. Interim Chancellor William P. Kelly explores the issue with two Graduate Center faculty members, Janet Gornick, a professor of political science and sociology, and World Bank economist, Branko Milanovic. While very poor in Americans fare far better than the very poor in many countries, the U.S. has the widest income disparity in the world, with the top 10 percent earning about 16 times the average income in the bottom 10 percent, Gornick’s research shows.